Loathed Internal Revenue Service Code Section 280E isn't just an unfair penalty for cannabis companies - it's a constitutional crisis.

They're legalized muggings to support a government that no decent person would want to fund or empower. Ideally, Congress ...

We are pleased to share the July 2025 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key ...

To minimize taxes on asset sales, the recommended order of account withdrawals starts with cash equivalents. Next, retirees ...

Outdated tax rules on home sales, gifts, and property are costing homeowners big. Here's how new proposals aim to fix the ...

Yes, nonprofit organizations can sell products, but the key lies in why and how they do it. The IRS (Internal Revenue Service ...

Taxpayers may be able to claim the PWA multiplier for certain credits if a project’s “beginning of construction date” is before Jan. 30, 2023.

A state marital homestead law was insufficient to establish a property interest by a taxpayer whose husband was the home’s sole owner.

While the IRS has discretion to provide relief, Sec. 7508A(d) provides a mandatory tax deadline postponement. In either case, the ‘lookback’ limitation period for refunds remains a concern.

More retirees are being taxed on home sales due to outdated capital gains rules. Here’s why the home equity tax is hitting seniors hardest.

Some IRS managers have decided to “voluntarily downgrade” to non-management roles, because the pay “does not justify the ...

On November 7, 2024, the Internal Revenue Service (IRS) released Form 15620, Section 83(b) Election (“Form 15620”), standardizing the requirements ...