News
Additional Payroll Taxes Looming for Portland Metro Area Businesses
Last Updated on May 12, 2026 by Graybox DevelopersThe Metro Council has recently outlined its plan to raise the necessary funds for the $7 billion…
Treasury Provides Welcome Grace Period and Transition Relief from Repeal of the “338 Approach” to Recognition of Built-in Gains (but the clock is ticking)
Last Updated on May 12, 2026 by Graybox Developers On January 14, 2020, the IRS and Treasury provided partial relief from their earlier announcement of…
Treasury Releases Final Section 385 Regulations without Substantive Changes to the 2016 Proposed Regulations.
Last Updated on May 12, 2026 by Graybox Developers Internal Revenue Code (IRC) Section (§) 385(a) provides that the Secretary of the Treasury is authorized…
Companies Continue to Evaluate APB 23 Benefits After Tax Reform; Impact of COVID-19 Related Repatriations on the Indefinite Reinvestment Assertion
Last Updated on May 12, 2026 by Graybox Developers The general comprehensive rule for providing deferred taxes on book-tax basis differences under ASC 740-10 requires…
Proposed Regulations Deny the Deductibility of Certain Fines, Penalties, and Other Amounts Under Section 162(f), and Impose Reporting Requirements
Last Updated on May 12, 2026 by Graybox Developers The IRS and Treasury released proposed regulations that offer guidance concerning the recent expansion of the…
Washington, Clackamas, and Multnomah Counties Pass 1% Tax on High-Wealth Individuals and Large Businesses to Fund Housing to Reduce Homelessness
Last Updated on May 12, 2026 by Graybox Developers On May 19, 2020, voters in Washington, Clackamas, and Multnomah counties approved Measure 26-210, which funds…
IRS Issues Flexible Guidance on QIP, bonus depreciation and other favorable elections under CARES Act
Last Updated on May 12, 2026 by Graybox Developers On April 17, 2020, the IRS released Revenue Procedure 2020-25 (the “Rev Proc”), which provides guidance…
- « Previous
- 1
- …
- 11
- 12
- 13