Recent U.S. Treasury Department and Internal Revenue Service (IRS) final regulations (T.D. 9993) outline the requirements an eligible credit holder of certain clean energy credits must adhere to in order to properly elect to sell the credit (i.e., monetize).

Andersen Managing Director Joe Calianno's article Retroactive QEF Relief Made Easier: A Green Book Proposal That Should Be Enacted was recently featured in Tax Notes.

California generally adopts the Internal Revenue Code as of January 1, 2015, as modified, which means that it does not conform to many federal tax law changes since that time, including those in the Tax Cuts and Jobs Act (TCJA) of 2017.

A set of guidelines (EU DAC7) that took effect in the European Union (EU) in 2023 addressing the tax transparency of digital platforms brings new compliance obligations to U.S. digital platform operators that facilitate transactions with EU-based sellers or real estate.

Often overlooked in philanthropic planning, the bargain sale can serve as a valuable tool for both taxpayers and charities alike.

In the venture capital and start-up world, Simple Agreement for Future Equity (SAFE) instruments have been used to raise funds by new business ventures since 2013.

Navigating the complexity and breadth of IRS reporting requirements for U.S. individuals with foreign financial investments requires a holistic understanding of the scope of possible penalties, as well as the current state of related IRS enforcement.

Many companies are currently in the process of completing their annual goodwill impairment tests under the requirements of Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 350 Intangibles – Goodwill and Other. In order to comply with Securities and Exchange Commission (SEC) requirements, public registrants are expected to perform an analysis that reconciles the fair value of the reporting unit tested (or reporting units) to the public market capitalization of the company. During the reconciliation process, companies may face several roadblocks that require careful consideration.