‘Ellen Show’ Alum Sophia Grace Brownlee Details Why She Doesn’t ‘Regret’ Becoming a Young Mom at 19

Former Ellen DeGeneres Show child star Sophia Grace Brownlee has no regrets about becoming a young mother. “I was quite young ...
The Tax Adviser

Penalties under codified economic substance doctrine upheld

The taxpayers’ deductions from microcaptive insurance transactions lacked economic substance under Sec. 7701(o), the Tax ...
The Tax Adviser

Deductibility of transaction costs incurred by an indirectly acquired entity

Although the IRS has provided guidance on success-based fees, determining which parties are the acquirer and target can be difficult when multiple entities are involved in an M&A.