Tax Law News and Insights

In anticipation of the announcement of the $3.5 billion of New Markets Tax Credits (NMTC) allocation awards by the U.S. Department of the Treasury's Community Development Financial Institutions Fund next month, Stites & Harbison will conduct its fifth annual New Markets Tax Credits Workshop on Wednesday, February 13th. With a...

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As detailed in our prior alert ( here), Congress enacted Fixing America's Surface Transportation Act (the "FAST Act") in December 2015 and authorized the Internal Revenue Service ("IRS") to notify the Department of State ("State Department") when any individual has a "seriously delinquent tax debt." After receiving notice, the Secretary of...

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Just before the end of 2017, President Trump signed into law the Tax Cuts and Jobs Act (TCJA). Many types of businesses stand to benefit from the sweeping legislation, but the boon for law firms is limited. Here's a quick review of the TCJA and some of its impact on...

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