This article explores the competing perspectives and discusses the IRS’s interim guidance on the deductibility of business meals.
expenses & deductions
January 2020 - The Tax Adviser
PRACTICE & PROCEDURES
Information return penalties: How to avoid or contest them
This article discusses the information return filing requirements and associated penalties, how to avoid incurring the penalties, and how the penalties can be contested if they are imposed by the IRS.
TAX CLINIC
corporations & shareholders
exempt organizations
INTEREST INCOME & EXPENSE
MISCELLANEOUS
partners & partnerships
COLUMNS
NEWS NOTES
DIXON AWARD
TAX PRACTICE & PROCEDURES
50TH ANNIVERSARY
employee benefits & pensions
Profits interests: The most tax-efficient equity grant to employees
By granting them a profits interest, entities taxed as partnerships can reward employees with equity. Mistakes, however, could cause challenges from taxing authorities.
