Small and mid-size businesses and startups should identify and leverage transient opportunities to optimize tax positions for the current year to help set them up for greater financial success in the future.

By understanding the limitations, timing rules, and interactions with other tax provisions, taxpayers can strategically incorporate bonus depreciation into their broader tax planning framework.

Plan sponsors have some options for protecting themselves from the rise of class action lawsuits.

The plan for restructuring DOJ’s Tax Division may further degrade tax compliance.

The alternative safeguards identified in the Supreme Court’s Cunningham v. Cornell decision are discussed for avoiding costly time-intensive discovery for ultimately meritless ERISA claims.

OBBBA reduces the income tax benefit of claiming a charitable deduction, prompting donors to reconsider tax implications when deciding between making a nondeductible contribution to a social welfare “lobbying” organization or a deductible contribution to a “charity” organization.