Stein Sperling’s tax and business attorneys David De Jong and Mark Schweighofer review the federal tax developments related to the COVID-19 relief legislation.
INDIVIDUALS In Patacsil v. Commissioner, TC Memo 2023-8, the Tax Court required a couple to report relief from indebtedness income inasmuch as they did not prove the value of their business or real estate as…
On December 29, 2022, President Joe Biden signed the SECURE Act 2.0 into law as part of the Consolidated Appropriations Act. More comprehensive than the original SECURE Act of 2019, here are a handful of…