Depending on the outcome of the upcoming presidential election, real property investors may lose the valuable benefit of capital gains deferral permitted under IRS Code Section 1031. This article explores how Section 1031 is utilized today, and what may happen to...
Election day 2020 is just around the corner. As we know all too well, trying to predict election results can be an exercise in futility. Estate planning clients need their trusted advisors to timely counsel them on how the election may impact their legacy planning....
On February 26, 2020, the IRS issued proposed regulations relating to meals and entertainment expenses. On December 22, 2017, the President signed the Tax Cuts and Jobs Act (“TCJA”), which eliminated the deductibility of entertainment expenses and made adjustments to...