Unpacking Basis Period Reform: What does it mean for LLPs, Partnerships and individual partners? – Ten(-ish) Minute Talk

We are delighted to welcome Alex Conway, tax partner at Crowe, as a guest speaker for this discussion on Basis Period Reform changes.

In this discussion, Alex along with Partners Corinne Staves and Zulon Begum, demystify the basis period reform changes and outline the practical implications for partners and firms. In this wide-ranging discussion, they explore:

  • The increased cash pressures on partners and firms and ways to address these changes;
  • How working practices will need to change to
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Think tank hosts debate on court reform ideas

Think tank hosts debate on court reform ideas

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Though you would be forgiven for forgetting the Presidential Commission on the Supreme Court’s 294-page report published last December, it’s becoming harder to miss a wider conversation on the court’s ethics and transparency practices. On Tuesday, the R Street Institute, the free-market focused Washington think tank, held a lunch-time debate on court-reform proposals. Matt Germer, a resident elections fellow at R Street, was joined by Adam White of the American Enterprise Institute, journalist Sarah Isgur of The Dispatch, and … Read the rest

Years in the making: New York issues two sets of “final draft” corporate tax reform regulations

On April 29, 2022, the New York State Department of Taxation and Finance issued two sets of “final draft” regulations relating to the corporation franchise tax reform that took effect for tax years beginning on or after January 1, 2015. Since the sweeping corporate tax reform was enacted, the Department has published a series of proposed updates to the Article 9-A corporation franchise tax regulations, but the two sets of regulations issued on April 29 are the first to be … Read the rest