Advanced Tax Institute: Current Tax Issues and Business Tax Update (Day 1) – November 8, 2021 11:00 am – IRS Procedure Update Bar Association of Montgomery County – Immigration Section November 18, 2021 at 12:00 pm Strafford Publications CLE Webinar: Substantially...
Month: October 2021
Tax liability for child support and alimony payments in D.C.
Divorce is a challenging process and can quickly turn ugly for the involved parties. According to the American Psychology Association, first-time marriages have a 50% chance of ending in divorce. Divorcing couples experience major challenges in matters concerning...
Tax liability for online businesses in D.C.
The internet has created massive opportunities for businesses to thrive. Interaction between businesses and customers has never been easier, and as a result, online companies have become very lucrative. As expected, high yields and return on investment attract some...
October IRS Updates
Historic Gross Receipts Permitted. IRC 165, PLR 202140002: IRS allows for the inclusion/consideration of historic gross receipts of stated foreign sub into account for purposes of computing Code Sec. 165(g)(3)(B)'s “more than 90% gross receipts test” by holding co....