Lights, Camera, Action! Watch and Learn by Accessing our Practice Videos Resource Kit featuring 750+ Cross-Practice Area Videos in One Place

Scroll through our new Practice Videos Resource Kit and sample our vast cross-practice area video collection. Want to learn more about Section 911 issues when working abroad? Or how Section 409A applies to deferred compensation? Grab some ear buds and listen to these and more topics under the Tax heading of this resource kit.

Read now »

Related Content

• Relocating Abroad? Don’t Forget the Tax Issues Video
  Watch this video by Rufus Rhoades, co-author of Rhoades & Langer International Taxation and Tax Treaties. Attorney Rhoades speaks about the foreign income exclusion set forth in I.R.C. Section 911(a), which provides that a qualified individual taxpayer can exclude annually from taxable income a base amount of foreign earned income and claim a foreign housing exclusion.

• Section 409A Basics Video
  Learn more about the workings of I.R.C. Section 409A, which governs the tax treatment of providing deferred compensation to a service provider (often, an executive employee). This video, by Cleary Gottlieb partner Alan Levine, reviews the primary notions of Section 409A compliance.

Practical Guidance Updates 
Featuring the latest updates from your Practical Guidance account.   

•  Tax Key Legal Developments Tracker (Federal)—keep up to date with key legal developments!
  • Business Entities. IRS provides the short-term, mid-term, and long-term applicable federal rates (AFR) for the current month (April) for purposes of I.R.C. Section 1274(d). Rev. Rul. 2024-07.
  • Employment. Agencies issue final rules that significantly shorten the window for short term, limited-duration health insurance (STLDI) coverage to three months to be recognized as an “excepted benefit” for Affordable Care Act rules. 89 Fed. Reg. 23338 (April 3, 2024).
  • Practice, Procedure, and Controversy. IRS releases its 2023–2024 Priority Guidance Plan for the second quarter of 2024.
  • International Tax. IRS provides 2024 adjustments to the limitation on housing expenses for purposes of R.C. Section 911for specific locations. I.R.S. Notice 2024-31.
• DID YOU KNOW? In trying to address misrepresentations by companies advertising to taxpayers that their food plans are “tax deductible,” the IRS released FAQson medical expenses related to nutrition, wellness and general health to determine whether a food or wellness expense is a reimbursable (by a health FSA or an HSA) medical expense.
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts. 
• For related Practical Guidance content on important recent trends, please review these easy-to-use Resource Kits on a variety of emerging topics:

• • Generative Artificial Intelligence (AI) Resource Kit
  • Environmental, Social, and Governance (ESG) Resource Kit
  • Public Interest, Pro Bono, and Non-Profit Resource Kit
  • Bank Failure Resource Kit

• Explore the Practical Guidance Journal Spring 2024 Edition, featuring guidance on protecting attorney-client privilege and work product in a generative AI world, using AI to manage the attorney client relationship, an overview of privacy regulations in the United States, and a primer on the new Corporate Transparency Act requirements.
• Learn about the 2000+ leading attorney authors contributing to our 26 practice areas in the Practical Guidance Author Center. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.  
• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content. 
• Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on innovative issues in the law: NFTs, Artificial Intelligence, and more.

• New and Recently Updated Practical Guidance Content
  • Conservation Easements, Donor Advised Funds, and Sponsoring Organizations: Governing Principles
  • Partnership Taxation: Partner Contributions under Code Section 721(a)
  • Tax-Exempt Organizations Compliance
  • Labor Department Releases Independent Contractor Final Rule, Revising Standard
  • U.S. Treasury Launches Website Tracking Tax Guidance under "Inflation Reduction Act"

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+