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 ...

In California Ridge Wind Energy LLC, et al. v. United States, the U.S. Court of Appeals for the Federal Circuit addressed whether the amount of the developer's fee claimed by the appellees should be ...

Income tax filing season has arrived. Executors and trustees overseeing portfolios of real estate or interests in businesses holding tangible property have a new set of complex and far reaching ...

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.

IMGCAP(1)]The IRS’s recent Audit Techniques Guide for the Tangible Property Regulations can help business taxpayers avoid problems with IRS examiners in interpreting the 2014 regulations on how to ...

Senate leaders Thursday unveiled a roughly $36-million tax cut proposal for businesses that would eliminate local tangible taxes on equipment for most small businesses. Senate President Dominick ...

While a claim of conversion has grown to extend beyond tangible property to keep up with computerized use, courts are still grappling with how far to extend the tort. In their Commercial Division ...

LINCOLN, R.I. (WPRI) — R.I. Senate leadership is backing legislation this year to create a statewide tangible property tax exemption of $100,000, which analysts estimate would eliminate the unpopular ...