11/14/2025 10:16:18 PM Tax Court Allows Oil Company to Split NOL Elections, Opening Path to Significant Refunds By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The U.S. Tax Court has opened the door to new tax planning opportunities, holding in Apache Corp. v. Commissioner that the taxpayer was...
11/14/2025 5:56:27 PM IRS Issues Safe Harbor Allowing Investment Trusts to Stake Digital Assets Without Losing Favorable Tax Status By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The Internal Revenue Service issued new guidance providing a safe harbor for certain investment trusts and grantor trusts that engage in...
11/10/2025 3:47:27 PM IRS Offers Relief from Information Reporting Penalty for Tips and Overtime By Caroline Lafourcade Kevin Naccari On November 5th, the Department of the Treasury and the IRS issued guidance to employers and other payors for tax year 2025 regarding new...
10/30/2025 4:00:29 PM Louisiana Department of Revenue Issues Guidance on Separate Reporting of Sales and Occupancy Taxes for Accommodations Intermediaries By Bob Angelico Caroline Lafourcade Kevin Naccari On October 24, 2025, the Louisiana Department of Revenue (“LDR”) issued a new Revenue Information Bulletin (RIB) providing detailed...
10/29/2025 2:57:52 PM Unpacking Louisiana’s FastSites Program By Neil Abramson Greg Johnson Caroline Lafourcade Clare Bienvenu Colin North +2 more... Show less On October 16, 2025, Louisiana Economic Development (LED) announced the launch of the state's FastSites Program, “a new initiative...
10/24/2025 3:46:15 PM Parish E-File Update: Louisiana Combined State and Local Sales Tax Return By Caroline Lafourcade Liskow has learned that the Louisiana combined state and local sales and use tax return that was scheduled to roll out November 1st has...
10/15/2025 9:58:04 PM IRS Provides Interim Penalty Relief for Remittance Transfer Providers By Caroline Lafourcade Kevin Naccari The Internal Revenue Service ("IRS") has issued Notice 2025-55 granting temporary penalty relief to remittance transfer providers under...
10/8/2025 9:35:23 PM Louisiana Clarifies Sales Tax Treatment of Delivery, Freight, and Transportation Charges By Bob Angelico Caroline Lafourcade Leon Rittenberg III Kevin Naccari +1 more... Show less The Louisiana Department of Revenue (“LDR”) has issued Revenue Information Bulletin (RIB) No. 25-025 providing clarification on how state...
10/7/2025 9:29:04 PM IRS Adds Chemicals to Taxable Substances List By Caroline Lafourcade Greg Johnson Clare Bienvenu The IRS announced the addition of 39 chemicals to the list of taxable substances subject to the Superfund Chemical Excise Taxes in Notice...
10/1/2025 2:00:35 PM District Court Holds a Financial Advisor is a Common Law Employee Not Entitled to Business Deductions. By Leon Rittenberg III Kevin Naccari On September 24, 2025, the United States District Court for the Eastern District of Pennsylvania issued a memorandum opinion finding that...
10/1/2025 2:00:09 PM IRS Withdraws Proposed Regulations Related to Nonrecognition Events in Corporate Separations, Incorporations, and Reorganizations (Spinoffs) By Leon Rittenberg III Caroline Lafourcade Kevin Naccari The Internal Revenue Service ("IRS") is withdrawing proposed regulations which would have refined and clarified the rules governing...
9/26/2025 3:40:05 PM Louisiana Department of Revenue Explains Sales Tax Cap for Boats Registered in the State By Caroline Lafourcade Kevin Naccari The Louisiana Department of Revenue (the “Department”) published Revenue Information Bulletin 25-024, which clarified the requirements...