On June 6, 2024, the U.S. Supreme Court unanimously held in Estate of Connelly v. United States that life insurance proceeds...
Planning with Buy-Sell Agreements After Connelly
Category: Tax-Practice-Group
IRS Extends Transition Relief for Certain RMDs Through 2024
On April 16, 2024, the IRS issued a notice extending temporary relief through 2024 for certain required minimum distributions related to the SECURE Act's 10-year distribution rule.
How Creditors Can Perfect a Security Interest in a Borrower’s IRS Tax Refund
A borrower's IRS tax return can serve as valuable additional collateral for secured lenders, but perfecting an interest in a refund is more complicated than it is for other pledged assets.
IRS Says Third-Party Payers Are on the Hook for Payroll Tax Underpayments Arising From Improper Employee Retention Credit Claims
Third-party payers that improperly claim employment tax credits on behalf of employer clients can be liable for underpayments when they make the claim and file returns under their own EIN, the IRS says.
Is There Anything Besides the ERC Happening in Washington?
With the gridlock in Congress, an argument could be made that the only things happening in Washington these days involve the Employee Retention Credit
Maddin Hauser Welcomes Gary Remer
Gary Remer has joined Maddin Hauser as a shareholder handling franchising, tax, M&A, and employee benefits matters.