Tax Law News and Insights

On July 27, 2022, US Senators Chuck Schumer and Joe Manchin announced that they reached a deal on a budget reconciliation bill generally intended to combat inflation. While titled the Inflation Reduction Act of 2022 (the "Inflation Reduction Act"), buried in the bill (to the surprise of many) is a...

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On March 28, 2022, the Biden Administration released the Fiscal Year 2023 Budget, and the "General Explanations of the Administration's Fiscal Year 2023 Revenue Proposals," which is commonly referred to as the "Green Book." The Green Book summarizes the Administration's tax proposals contained in the Budget. The Green Book is...

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Most people barely understand the tax rules that apply to them as individuals, so it is little surprise that corporate tax law leaves many people feeling overwhelmed and confused. Even someone who is confident about filing their personal income tax return with modern software will need help when it comes...

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