Tax Law News and Insights

Summary In this blog we consider the current design of the residential property developer tax (RPDT). Separately we have blogged on the triggers for liability. This blog is based on the current draft of the legislation issued on 20 September. The final design of the tax has not been decided, and...

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Q: What is a Section 83(b) Election, and what are the benefits of making it?  A:  A common strategy in implementing a business succession plan involves granting restricted stock or equity in the business to key employees.  Stock is considered "restricted" where the recipient of such stock is not treated as...

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Homeowners and businesses across the country have experienced weather-related disasters in recent months. From hurricanes, tornadoes and other severe storms to the wildfires again raging in the West, natural disasters have led to significant losses for a wide swath of taxpayers. If you are among them, you may qualify for...

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