David Sherwood
McDermott Will & Emery
Articles
CARES Act Update: IRS Provides Guidance to Partnerships to Take Advantage of Liquidity Benefits
USA - April 13 2020 On April 13, 2020, the Internal Revenue Service (IRS) issued Rev. Proc. 2020-23 in response to the Coronavirus Aid, Relief and Economic Security…
The CARES Act’s Changes to Section 163(j): Partnership, International, and US State Tax Implications
USA - April 6 2020 The US Congress enacted The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) on March 27, 2020. This article describes the changes…
Tax Court to Shutdown Until Further Notice
USA - December 28 2018 The United States Tax Court (Tax Court) has announced that it will be shutting down starting today, December 28, 2018 at 11:59 p.m., and will remain…
Tax Reform Insights: IRS Proposes Section 163(j) Regulations - New Business Interest Expenses Deduction Limit
USA - December 26 2018 On November 26, 2018, the Internal Revenue Service (IRS) issued proposed regulations (Proposed Regulations) pursuant to section 163(j). Public Law…
IRS Proposes Section 163(j) Regulations - New Business Interest Expenses Deduction Limit
USA - December 21 2018 On November 26, 2018, the Internal Revenue Service (IRS) issued proposed regulations (Proposed Regulations) pursuant to section 163(j)…
