Cassandra S. Bradford and Joseph S. O’Brien explain what the recent decisions in Abdo and Kwong mean for taxpayers facing collection of COVID-era interest bills, and they survey the full range of ...

For taxable years beginning in 2026, under §55(b)(1), the excess taxable income above which the 28 percent tax rate applies is: ...

(i) his spouse (other than a spouse who is legally separated from the individual under a decree of divorce or separate maintenance), and (ii) his children, grandchildren, and parents. (B) Effect of ...

Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

The American Bankers Association has asked Treasury to issue guidance on income tax reporting for estates and trusts regarding the overall limitation on itemized deductions under section 68 to ensure ...

Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

(A) one or more persons are in control of each of two corporations, and (B) in return for property, one of the corporations acquires stock in the other corporation from the person (or persons) so in ...

Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

Tax Notes is the first source of essential daily news, analysis, and commentary for tax professionals whose success depends on being trusted for their expertise.

Dustin Webber, Michael Preng, and Juan F. Vasquez Jr. consider when the codified economic substance doctrine is relevant to a transaction and argue that relevance is a congressional intent filter that ...

Thomas Horst, Thomas Meyer, and Priyan Thurairatnam compare the estimated tax impact of global intangible low-taxed income and a pillar 2 income inclusion rule for 85 large U.S. nonfinancial ...