Since coming into effect in January 2018, Subchapter Z of the US Tax Code—also known as the opportunity zone provisions—has enabled investors to pour billions of dollars into a broad array of ...

As a result, most companies are required to: (i) evaluate not only when but how they will comply with the new guidance; (ii) establish business procedures to implement and comply with the rules; (iii) ...

Income tax filing season has arrived. Executors and trustees overseeing portfolios of real estate or interests in businesses holding tangible property have a new set of complex and far reaching ...

The Internal Revenue Service has released new procedures when changing the method of accounting for dispositions of tangible depreciable property. Revenue Procedure 2014-17 supersedes Rev. Proc.

IMGCAP(1)]The IRS’s recent Audit Techniques Guide for the Tangible Property Regulations can help business taxpayers avoid problems with IRS examiners in interpreting the 2014 regulations on how to ...

Senate leaders Thursday unveiled a roughly $36-million tax cut proposal for businesses that would eliminate local tangible taxes on equipment for most small businesses. Senate President Dominick ...

(WJAR) — Governor McKee will sign legislation that limits the taxes businesses in Rhode Island pay. The legislation exempts the first $50,000 of tangible property from the personal property tax for ...

LINCOLN, R.I. (WPRI) — R.I. Senate leadership is backing legislation this year to create a statewide tangible property tax exemption of $100,000, which analysts estimate would eliminate the unpopular ...