USA - July 29 2022
On July 27, 2022, the Senate announced agreement on a reconciliation package entitled the Inflation Reduction Act of 2022 (the IRA), the artist…
Michael D. Resnick
USA - February 4 2022
Section 446(e) requires a taxpayer to obtain IRS consent prior to changing its accounting method. A change in method of accounting may include either…
Michael D. Resnick
USA - January 10 2022
On January 3, 2022, the IRS Office of Chief Counsel released an Interim Guidance memorandum (the Interim Guidance), along with a set of FAQs, to…
Mary Kate Nicholson, Michael D. Resnick
USA - September 23 2021
Democratic leadership announced today that an agreement has been reached to fund the pending infrastructure and budget reconciliation measures. There…
J. Tyler Moser, Michael D. Resnick
USA - August 17 2021
On August 12, 2021, the IRS released Rev. Proc. 2021-34, setting forth procedural guidance to implement the final Section 451 regulations (Final…
Michael D. Resnick