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Proposed PFIC regulations revise reporting by US partnerships

Proposed PFIC regulations revise reporting by US partnerships

IRS issued proposed PFIC regulations which impact US partners with foreign assets held through US partnerships.
Build Back Better Act – What is in and what is out?

Build Back Better Act – What is in and what is out?

After intense negotiations, some provisions were eliminated while others were rewritten in an effort to appease all Democratic members.
House proposed changes – What should wealthy individuals consider?

House proposed changes – What should wealthy individuals consider?

What are the proposed tax changes affecting individual taxpayers and what should you consider today to limit your exposure to these changes?