The original version of this story was published on The Legal Intelligencer In Revenue Ruling 2007-37, the Internal Revenue Service concluded that the cancellation of a distribution agreement will, in ...

In order to qualify for opportunity zone tax benefits, an investor must reinvest capital gains into a qualified opportunity zone (QOZ) eligible investment vehicle within 180 days after recognizing the ...

When a corporation sells property, it can decrease the resulting tax burden several ways. Most business property sales can be calculated according to Section 1231, which allows a significant portion ...