Since coming into effect in January 2018, Subchapter Z of the US Tax Code—also known as the opportunity zone provisions—has enabled investors to pour billions of dollars into a broad array of ...

As a result, most companies are required to: (i) evaluate not only when but how they will comply with the new guidance; (ii) establish business procedures to implement and comply with the rules; (iii) ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. As discussed in a prior article, in order to take advantage ...

Gov. Jim Justice appears at an anti-Amendment 2 event in Mercer County Tuesday afternoon. (Photo courtesy of the WV Governor’s Office) CHARLESTON — Gov. Jim Justice has been traveling around the state ...

The Internal Revenue Service has modified the procedures for obtaining its automatic consent to make certain changes in the methods of accounting for amounts paid to acquire, produce or improve ...

Ohio lawmakers have been busy this month working on property tax reforms. It’s notable for an issue both complicated ...

(WJAR) — There's a big push to help small businesses in a state with a reputation for being unfriendly to business. Legislation was introduced that would exempt the first $100,000 of tangible property ...

Michael DiBiase is the president and CEO of the Rhode Island Public Expenditure Council. Most Rhode Islanders have never heard of the tangible tax. But every business in Rhode Island pays this onerous ...

(WJAR) — Governor McKee will sign legislation that limits the taxes businesses in Rhode Island pay. The legislation exempts the first $50,000 of tangible property from the personal property tax for ...

The Internal Revenue Service has released new procedures when changing the method of accounting for dispositions of tangible depreciable property. Revenue Procedure 2014-17 supersedes Rev. Proc.