Press Room: S Corporation

March 02, 2018

IRS and Treasury Issue Formal Guidance on New Carried Interest Provision

IRS and Treasury recently issued Notice 2018-18 (the Notice) to close uncertainty in the Tax Reform Act of 2017 (the Act) related to carried interest that could have allowed private equity and hedge fund ...

September 30, 2020

Managing Director Bryan Keith Joins the Andersen US National Tax Practice

Andersen welcomes Managing Director Bryan Keith as part of the US National Tax practice in the Washington, D.C. office. Bryan has over 20 years of experience in corporate federal income tax matters, including ...

November 13, 2020

Treasury and IRS Will Respect State Pass-Through Entity Workaround Laws Aimed at Circumventing TCJA’s SALT Deduction Cap

Partnerships and S corporations based in a state and local jurisdiction that imposes a mandatory or elective income tax at the entity level are allowed to fully deduct state and local income taxes ...