Proposed Regulations Provide Guidance for TCJA's New Carried ...

Individuals who are partners in a partnership that sells a capital asset it held for more than one year are generally eligible for the ...

IRS Releases Proposed Regulations on Carried Interest Under ...

The Proposed Regulations provide insight into a variety of areas that were left open to interpretation since the enactment of the TCJA. Certain ...

IRS issues proposed regulations for TCJA's simplified tax ...

IR-2020-174, July 30, 2020 — The Internal Revenue Service today issued proposed regulations proposed regulations updating various tax ...

Section 1061 Reporting guidance FAQs | Internal Revenue Service

Owner Taxpayers and Passthrough Entities may rely on the proposed regulations for taxable years beginning before January 19, 2021 (the date ...

Treasury Releases Proposed Regulations on 15% Corporate ...

The Proposed Regulations provide guidance on computing other adjustments to AFSI ... carry net operating losses back and forward under pre-TCJA ...

IRS Issues Proposed Regulations Providing Guidance on Taxation ...

... Guidance, and a Warning, on Carried Interest Waivers. Following the enactment of the TCJA, fund sponsors have considered using “carry ...

Guidance Under Section 1061 - Federal Register

The proposed regulations provide that the person who is subject to Federal income tax on the Recharacterization Amount is required to calculate ...

Final regs. provide guidance on TCJA changes to entertainment ...

The IRS issued final regulations (T.D. 9925) clarifying amendments to the deductibility of certain business meals and entertainment expenses ...

Carried Interest, SALT Among Imminent TCJA Guidance | Tax Notes

proposed regs under section 863(b) on the new inventory sourcing rule;. proposed regs dealing with the cap on the state and local tax deduction;. proposed ...

Final and proposed regulations provide additional guidance for ...

In particular, the final regulations include a new safe harbor provision for transitioning pre-2018 FTC carryforwards to post-2017 tax years to ...

IRS Issues Final Regulations Providing Guidance Under Code Sec ...

1061 was added on December 22, 2017, by section 13309 of the Tax Cuts and Jobs Act (TCJA) (P.L. 115-97). Code Sec. 1061 applies to tax years ...

Guidance Under Section 1061 - Federal Register

The final regulations retain the structure of the proposed regulations, with certain revisions. Section 1.1061-1 provides definitions of the ...

Tax Cuts and Jobs Act - Proskauer Tax Talks

On October 7, 2020, the U.S. Internal Revenue Service (“IRS”) and Treasury Department released final regulations[1] providing guidance on the rules imposing ...

Final Treasury Regulations Clarify Limitations on Deductibility of ...

In 2020, the proposed regulations (Proposed Regulations) provided initial guidance on the TCJA's amendments to Section 162(f), particularly ...

Proposed Regulations Regarding TCJA Disallowance for Employee ...

The proposed regulations provide some significant updates to Notice 2018-99 and respond to comments received on that Notice. The preamble to the ...

Proposed Regs Address TCJA Changes to Additional Depreciation ...

These proposed regulations reflect changes made by the Tax Cuts and Jobs Act. These proposed regulations affect taxpayers who deduct depreciation for qualified ...

New regulations address carried interests ... - Deloitte | tax@hand

Proposed regulations issued on 31 July address tax code changes enacted under the 2017 tax code overhaul informally known as the Tax Cuts and ...

Highlights of the final small business taxpayer regulations

5, 2021, providing guidance to implement several simplification provisions of the law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97.

Two Years After Passage, Treasury Regulations for the Tax Cuts ...

In addition to better-known regulations, Treasury issued proposed or final regulations on TCJA-related provisions for items such as valuation ...

Proposed regulations released on computing TCJA's pass-through ...

Among other topics, the Proposed Regulations provide: definitions that apply for purposes of Section 199A and throughout the proposed regulations themselves; ...