Practice Mobile Menu Trigger Overview Experience Team Insights Subscribe to insights March 19, 2020 Client Update Internal Revenue Service Permits Taxpayers to Defer Certain April 15th Tax Payments Yesterday, in response to the coronavirus (COVID-19) emergency, the IRS granted a three-month extension for corporate and ... March 18, 2020 Client Update Families First Coronavirus Response Act: Key Takeaways Regarding Paid Leave Benefits On March 18, 2020, Congress passed the Families First Coronavirus Response Act (“FFCRA”), a sweeping legislative bil... March 13, 2020 Client Update U.S. Supreme Court Rejects Operating Subsidiaries’ Presumptive Right to Tax Refunds in Bankruptcy The U.S. Supreme Court issued a decision on February 25 that reduces certainty as to which member of a consolidated tax gr... February 11, 2020 Articles & Books The 16th Amendment, a national wealth tax, and more Davis Polk partner Jeffrey Schwartz authored “The 16th Amendment, a National Wealth Tax, and More” in a recent edit... January 20, 2020 Articles & Books The objectivity of the reasonable basis defense to tax penalties If a taxpayer underpays taxes because of negligence, a penalty of 20% applies. Treasury regulations provide for an exce... December 23, 2019 Client Update IRS Issues Proposed Regulations under Section 162(m) On December 16, 2019, the IRS issued proposed regulations under Section 162(m) of the Internal Revenue Code, which general... September 13, 2019 Client Update Proposed Changes on Loss Carryforwards Are a (R)BIG Deal for M&A On September 9, 2019, the Internal Revenue Service released proposed regulations that, if finalized in their current form... July 2, 2019 Client Update Proposed Regulations Likely to Stimulate Investment in Qualified Opportunity Zones The Treasury Department and IRS in April released a second set of proposed regulations governing tax incentives for invest... May 31, 2019 Client Update Recent Cases Address the IRS's Penalty Approval Procedures Section 6751(b) of the tax code requires written approval by an IRS supervisor after an initial determination by an agency... December 12, 2018 Client Update First Guidance on the Application of Section 83(i) - Tax Deferral for Private Corporation Equity Compensation Awards On December 7, 2018, the Treasury Department and the Internal Revenue Service issued Notice 2018-97, which provides initia... Load More
March 19, 2020 Client Update Internal Revenue Service Permits Taxpayers to Defer Certain April 15th Tax Payments Yesterday, in response to the coronavirus (COVID-19) emergency, the IRS granted a three-month extension for corporate and ...
March 18, 2020 Client Update Families First Coronavirus Response Act: Key Takeaways Regarding Paid Leave Benefits On March 18, 2020, Congress passed the Families First Coronavirus Response Act (“FFCRA”), a sweeping legislative bil...
March 13, 2020 Client Update U.S. Supreme Court Rejects Operating Subsidiaries’ Presumptive Right to Tax Refunds in Bankruptcy The U.S. Supreme Court issued a decision on February 25 that reduces certainty as to which member of a consolidated tax gr...
February 11, 2020 Articles & Books The 16th Amendment, a national wealth tax, and more Davis Polk partner Jeffrey Schwartz authored “The 16th Amendment, a National Wealth Tax, and More” in a recent edit...
January 20, 2020 Articles & Books The objectivity of the reasonable basis defense to tax penalties If a taxpayer underpays taxes because of negligence, a penalty of 20% applies. Treasury regulations provide for an exce...
December 23, 2019 Client Update IRS Issues Proposed Regulations under Section 162(m) On December 16, 2019, the IRS issued proposed regulations under Section 162(m) of the Internal Revenue Code, which general...
September 13, 2019 Client Update Proposed Changes on Loss Carryforwards Are a (R)BIG Deal for M&A On September 9, 2019, the Internal Revenue Service released proposed regulations that, if finalized in their current form...
July 2, 2019 Client Update Proposed Regulations Likely to Stimulate Investment in Qualified Opportunity Zones The Treasury Department and IRS in April released a second set of proposed regulations governing tax incentives for invest...
May 31, 2019 Client Update Recent Cases Address the IRS's Penalty Approval Procedures Section 6751(b) of the tax code requires written approval by an IRS supervisor after an initial determination by an agency...
December 12, 2018 Client Update First Guidance on the Application of Section 83(i) - Tax Deferral for Private Corporation Equity Compensation Awards On December 7, 2018, the Treasury Department and the Internal Revenue Service issued Notice 2018-97, which provides initia...