Bradley Arant Boult Cummings LLP | USA | 14 Feb 2024
As we strive to do annually, here is a summary of the major items of business tax legislation that have been introduced or we expect to be introduced…
Bradley Arant Boult Cummings LLP | USA | 16 Aug 2022
Landmark changes in the federal income tax treatment of partnerships (including multi-member LLCs) became effective in 2018 for many more…
Bradley Arant Boult Cummings LLP | USA | 20 Feb 2020
The Alabama Legislature was stymied last year over proposals to decouple from or conform with various provisions of the Tax Cuts and JOBS Act of 2017…
Bradley Arant Boult Cummings LLP | United Kingdom, USA | 10 Dec 2019
The influential Business Council of Alabama (BCA), founded in 1985, and the Birmingham Business Alliance (BBA), the state's oldest and largest…
Bradley Arant Boult Cummings LLP | USA | 16 Apr 2019
Two landmark bills were introduced in the Alabama Legislature on April 11, potentially affecting numerous businesses in the state. Committees of the…
Bradley Arant Boult Cummings LLP | USA | 20 Nov 2017
In late 2015, Congress passed the Bipartisan Budget Act of 2015 (the “BBA”)1 as amended by the PATH Act of 2015. The BBA established a new partnership…
Bradley Arant Boult Cummings LLP | USA | 18 Oct 2017
Although every LLC, limited partnership or other pass-through entity doing business in Alabama, and even those simply organized under Alabama law, are…
Bradley Arant Boult Cummings LLP | USA | 27 Sep 2016
The ADOR has proposed a number of amendments to its rule governing the filing of partnership tax returns, Form 65. The new rule, as proposed, inserts…
Bradley Arant Boult Cummings LLP | USA | 29 Aug 2016
On May 4, just a few days before the American Bar Association Section of Taxation's Annual Meeting in Washington, the Ohio Supreme Court issued its…
Bradley Arant Boult Cummings LLP | USA | 23 Mar 2016
You may have heard that the IRS’s ability to audit partnerships (including multi-member LLCs) will be greatly enhanced due to changes made by the…