Insights

Learn more about PTE Tax Election Legislation passed by the Virginia General Assembly establishing a 5.75% income tax for electing pass-through entities.

IRS releases more guidance for Schedules K-2 and K-3. See if your partnership or S corporation may qualify for this new limited exception to filing Schedules K-2 and K-3.

We provide guidance on Beneficial Ownership Information Reporting for Closely Held Businesses. Learn about BOI reporting, who must file a report & more.

See which states require early Pass-Through Entity (PTE) tax elections for the 2022 calendar year. Contact our advisors for more guidance.

Learn more about recently released final regulations (2022 Subpart F Regulations) addressing the treatment of domestic partnerships for Subpart F issues.

If your business relies on Public Law 86-272 to shield the business from state income tax, it’s time to review your nexus positions. Contact us for help.

Find out more on proposed tax changes to be incorporated in the Build Back Better Act and an impact they could have on the private investment funds & sponsors.

With capital gains tax rate changes looming in Washington, learn more on controlling income recognition using a charitable trust.

Find out more about proposed changes to gift and estate laws and how it could result in more tax on high-net-worth individuals and families.