Tax Law

Recent Posts

Louisiana Residents Entitled to Claim Credit for Texas Franchise Tax Paid by Pass-Through Entities
Posted on 31 Jan 2019 by Eversheds Sutherland LLP

The Louisiana Supreme Court ruled that residents who owned an S corporation and limited liability company were entitled to a credit against their Louisiana income tax liability for Texas franchise tax paid by the pass-through entities. In so holding,... Read More

Tax Court: Premature FPAA on Computational Items Invalid, Jurisdiction Denied
Posted on 29 Mar 2012 by Asbury Law Firm

There are few areas of the tax code as complex and potentially confusing as the rules for TEFRA partnership proceedings. Even the most steely-eyed tax pros wince at the details. Nonetheless, TEFRA is at the heart of many of the transactions that the IRS... Read More

Tax Court: Premature FPAA on Computational Items Invalid, Jurisdiction Denied
Posted on 29 Mar 2012 by Asbury Law Firm

There are few areas of the tax code as complex and potentially confusing as the rules for TEFRA partnership proceedings. Even the most steely-eyed tax pros wince at the details. Nonetheless, TEFRA is at the heart of many of the transactions that the IRS... Read More