Unlike many important terms that are defined either in the IRC or Treasury Regulations, the term “trade or business,” which comes up throughout the IRC…
Defining a Trade or Business under Federal Tax Law
A Practical Blueprint for Long Overdue Guidance
Unlike many important terms that are defined either in the IRC or Treasury Regulations, the term “trade or business,” which comes up throughout the IRC…
The New Qualified Business Income Deduction
Concerns and Strategies for Real Estate Professionals
One of the most significant consequences of the Tax Cuts and Jobs Act of 2017 (TCJA) for taxpayers is the new Internal Revenue Code (IRC)…