Firm Insights
Effective as of tax years beginning in 2018, the rules for how the IRS audits companies taxed as partnerships will change dramatically. As many business owners may recall from reading client alerts and news articles over the past couple of years, the Bipartisan Budget Act of 2015 (the “BBA”) (P.L. 114-74), repealed the existing partnership…
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The Great American Solar Eclipse is scheduled to cross through the United States from coast to coast on August 21, 2017. Solar eclipses occur when the moon moves between the Earth and the sun, which causes the shadow of the moon to be projected on the Earth. As an aside, for those curious, The Moonrise…
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A lexicographer’s task of pinning down a word’s origin can often mean hours, and even days, of ink-stained research drudgery. But when it comes to one particular word, even we non-lexicographers can identify the precise time it entered our lexicon: 12:06 am on May 31, 2017. At that very moment, the President of the United…
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