Recently proposed regulations would authorize crypto brokers to deliver payee statements exclusively in electronic format.
Almost one year after signaling that it would scrap the controversial partnership basis reporting rules finalized by the prior administration, the IRS has now proposed regulations formally withdrawing them.
The UK’s Upper Tribunal considers the mixed member partnership rules in the context of an LLP’s incentive arrangements.
YA Global recently filed its response to the Commissioner’s brief, which included some novel arguments, as discussed herein.