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Archives

Monthly Archive for: "August, 2020"
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0
By Hone Maxwell LLP
In Tax News
Posted August 24, 2020

GILTI High Tax Exception Provides Administrative Relief for Many Taxpayers

As we have detailed many times, the transition tax and GILTI were two tax laws that were not designed for individual taxpayers.  Therefore, much of the guidance and regulations have little impact [...]

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0
By Hone Maxwell LLP
In Tax News
Posted August 22, 2020

IRS Releases Draft International Forms for Partnerships

Despite claims of attempting to simplify compliance, in recent years, forms and compliance for international reporting has become much more detailed and complicated.  In keeping with this theme, [...]

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