Private company stock secondary transactions have significantly increased over the last several years due to market trends, such as delayed initial public offerings (IPOs) for private companies, increased demand for liquidity among employees and early investors.
Many tax professionals and their clients have on their minds the favorable individual and estate tax provisions enacted under the Tax Cuts and Jobs Act (TCJA) of 2017 set to expire at the end of 2025.
The year 2024 saw a continued surging, yet volatile, stock market, continued cooling, but in flux, inflation, and growing hopes for a soft landing for the economy.
Extending the favorable tax provisions of the Tax Cuts and Jobs Act (TCJA) of 2017 was a centerpiece of President Trump's campaign platform. However, following through on this promise will require weighing the continuation of the tax cuts, many of which are set to expire at the end of 2025.
The Los Angeles wildfires are severely impacting a large number of individuals and businesses. To that end, below is some important federal and state tax filing information and a tax planning opportunity for victims.
With the recent release of its updated Strategic Operating Plan (SOP) and annual update supplement, IRS has outlined how it is ramping up its enforcement efforts.
As America settles into a post-election period, tax issues that each presidential candidate put on the table for the American electorate to consider in casting their ballot now come into focus and urgency with President-elect Donald Trump set to be inaugurated on January 20, 2025.
What trends should investors consider when analyzing potential real estate investments?
With former President Trump's victory in the presidential race and the Republican party's control of both the U.S. House of Representatives (House) and Senate, the framework of potential tax policy changes is coming into focus. With single-party control of the executive branch and Congress, the Republican party is in a favorable position to shape tax proposals and guide them to enactment. However, their slim majorities and budgetary pressures will complicate the implementation of President-elect Trump's tax agenda.
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Estate and Gift Tax Planning During an Era of High Exemption Amounts
Several estate and gift tax inflation adjustments can impact tax planning in 2026 and beyond.
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Employee Guide to New Deductions for Qualified Tips and Overtime Pay for the 2025 Tax Year
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Andersen Webcast: Year-End Planning for Individuals & Families
This webcast offers strategic insights into year-end moves that can optimize wealth preservation, estate planning, and charitable giving.