Sec. 541 imposes a 20% tax on the undistributed personal holding company income of a personal holding company. Initially ...

March 31, 2022 - M&A activity had a banner year in 2021, setting new records for deal volume across many industries and sectors. One area of particular interest was increased participation from ...

It was a fiasco that took the Internet by storm. A pop-up event held in Glasgow, Scotland, in late February, billed as “Willy’s Chocolate Experience,” promised families an immersive ...

There are traps for the unwary in insurance contractsMartin de Ruyter / c-Fairfax-NZ-News Insurance policies don't make for riveting reading, but they are full of traps for the unwary. While ...

Unfortunately, the 86 Act and the myriad of tax law changes impacting Subchapter S that followed over the next four decades created several not-so-obvious rules and traps for unwary taxpayers and ...

Additionally, there have long existed hidden traps for unwary taxpayers and their advisers as well as some twists and turns in the road in this area of Subchapter S that are also worthy of discussion.