Income Taxes Articles

Inside the SCOTUS Tariff Case: What It Means for You

The US Supreme Court (SCOTUS) is scheduled to hear arguments on November 5, 2025, into President Trump’s imposition of tariffs under the International Emergency Economic Powers Act (IEEPA).     We expect the court to issue its decision expeditiously, most likely...

Taxation & Representation Update: What the ongoing shutdown means for your business

Shutdown Week 4: The federal government shutdown that began on Oct. 1 continues without resolution. On Oct. 20, the Senate failed for the 11th time to advance a continuing resolution (CR) to fund government operations. The continuing stalemate centers on disagreement...

Family Businesses Concerned About Potential New Wealth Tax Act

Family Businesses Concerned About Potential New Wealth Tax Act Re-Introduced in Congress   Bill by Sen. Wyden Gets House Support, Targets Unrealized Gains   Family businesses and tax experts are taking a hard look at the new wealth tax bills recently...

Policy and Taxation Update: IRS Leadership Shake-Up: What It Could Mean for Family Businesses

Bisignano, Koopman Join IRS Leadership: The Internal Revenue Service (IRS) has announced significant leadership changes amid ongoing agency restructurings. Secretary Bessent will remain as acting IRS commissioner, although Sen. Chuck Grassley (R-IA) said that he had...