On July 4, President Donald Trump signed a budget reconciliation bill entitled the “One Big, Beautiful Bill Act” (the Act).

In a recent post, available here, we discussed the basic requirements and benefits of Internal Revenue Code Section 1202, which provides for ...

The Connecticut Department of Energy & Environmental Protection (DEEP) released a Request for Information late Friday seeking ...

The IRS has published its Internal Revenue Bulletin. The bulletin includes: 1) Announcement 2025-20, announcing the OPR’s recent disciplinary sanctions; 2) Rev. Proc. 2025-24, providing specifications ...

Baker McKenzie practitioners analyze the OBBBA’s restoration of §958(b)(4) that reversed the TCJA’s repeal thereof and ...

The Internal Revenue Code is enormous but it's not the biggest title in the US Code. The most words, elements and sections are found in Title 42 (The Public Health and Welfare).

Assembly Bill 154 (AB 154) changes California’s specified date of conformity to the Internal Revenue Code (IRC) from January 1, 2009, to January 1, 2015, for taxable years beginning on or after ...