Insights & Resources

Weaver highlights two significant business deductions that have changed for 2023: business meals and standard mileage rates.

Whether you are a buyer or a seller, we can help you model the tax consequences of a transaction & determine the impact of making a Section 338(h)(10) election for an acquisition.

Texas businesses (travel, tourism & hospitality) impacted during the pandemic can still claim a one-time grant under the Texas Travel Industry Recovery Grant Program.

Skechers was found to owe more than $1M in taxes after losing a transfer pricing dispute that involved a royalty expense taken as a tax deduction.

The California Franchise Tax Board extended the tax filing deadline to October 16, 2023 for individuals and businesses in response to winter storms in the state.

In the March 6 Internal Revenue Bulletin the IRS issued a statement on export tax for oil spills. Find out more about this notice and how taxpayers are affected.

IRC Section 1202 allows taxpayers to exclude from federal income tax capital gains from the sale or exchange of Qualified Small Business Stock.

In a recent decision, the First District Court of Appeals in Illinois held that book-out transactions are transfers of ownership of fuel and are subject to tax.

The new credit transfer provision in the Inflation Reduction Act could provide a new opportunity for REITs to invest in properties with solar facilities.

New guidance released by the IRS has taxpayers facing the mandatory method change for specified R&E expenditures under IRC Section 174.