Insights & Resources

The tax court's 2024 ruling reinforces when Family Limited Partnership (FLP) assets must be included in a decedent’s estate for tax purposes.

Learn how Qualified Personal Residence Trusts (QPRTs) can help high-net-worth families reduce estate taxes and leverage increased tax exemptions.

Start planning your succession today with a family limited partnership that can help transfer business ownership while retaining control and enjoying tax benefits.

These essential estate planning strategies will help develop a robust plan to protect your assets, reduce taxes and ensure more for your heirs.

Set up a SIMPLE IRA for your small business before October 1, 2024, to access tax benefits within a retirement plan that attracts employees promotes retention.

The IRS has recently received considerable funding. We explore the IRS’ policies and priorities that will guide how those funds will be utilized in the future.

The IRS has issued guidance on the registration requirements for producers under the Clean Fuel Production Credit in IRC § 45Z, which begins on January 1, 2025.

Discover how the Inflation Reduction Act of 2022 boosts tax deductions for energy efficient commercial buildings with major incentives reaching up to $5 per sq. ft.

Accounting for CCS projects is a nuanced challenge, especially concerning lease considerations under ASC 842. This article aims to illuminate these complexities.

The IRS guidance is for hydrogen producers whose hydrogen production pathways are not included in the 45VH2-GREET model.

Counties can impose surcharge when pipeline companies claim IRC Section 45Q carbon capture & sequestration tax credit on pipelines passing through their jurisdiction.

The IRS guidance provides additional safe harbors for calculating the lifecycle greenhouse gas emissions reduction percentage, including the use of an approved QAP.