STATE AND LOCAL TAX PLANNING

TCLE

Connelly; Profits Interest; Basis Shifting; Non-Compete July 30, 2024

Trust Modification; Buy-Sell Agreements; Financing April 30, 2024

Fiduciary Income Tax Refresher and Update 2024 February 13, 2024

Corporate Transparency Act; Self-Employment Tax and Limited Partners; Discharge of Debt; and Grantor Trust Tax Reimbursement January 30, 2024

Charitable Gifts (incl. Bargain Sales); LLC or Real Estate as Inventory; S Corp. Fid. Inc. Tax (Incl. ESBT NOLs) October 31, 2023

Gift Tax Return Adequate Disclosure; Constructive Dividends; Transferee Liability July 25, 2023

Liens from Deferred Estate Tax; Grantor Trusts & Basis Step-Up; Gifts of Business Interests April 24, 2023

Fiduciary Income Tax Refresher and Update 2023 February 14, 2023

Preserving Income Tax Benefits from Estate Tax Audits; S Corporation Sales; Partnership Redemptions January 31, 2023

Loan Guarantees; Debt in Capital Structure; Ordinary Income on Sale of Business October 25, 2022

State Tax in Estate Planning; Employment Tax; Blockers; S Corporation Single Class of Stock July 26, 2022

Basis Step-Up by Trust Modification; BDOT by Trust Distribution; Preferred Partnerships Preferred to Fees April 26, 2022

Fiduciary Income Tax Refresher and Update 2022 March 3, 2022

IRS Procedural Update; Buy-Sell Development; Loan Guarantees January 25, 2022

Note Modifications; Reorganizing Private Business; Trust Sale of Business Interests October 26, 2021

Business Owner Compensation vs. Distribution; Modifying Trusts or Their Investments in Light of Proposed Income Tax Changes July 27, 2021

Business Opportunities; TP Asserts Substance over Form; Unincorp. Entity as S Corp April 27, 2021

Fiduciary Income Tax Refresher and Update 2021 February 18, 2021

Sales Between Trusts; Writing Off Business Interests; Partnership Audit Rule Update January 26, 2021

When a Gift Is Subject to Income Tax; Beneficiary Deemed-Owned Trusts; Making Large Taxable Gifts October 27, 2020

Pass-Through Entities Held by Trusts; Formula Transfers in Estate Planning; Business Gifts July 28, 2020

Overview of Loss Limitations; Family Office Partnership; Sale to Spousal Grantor Trust April 28, 2020

Fiduciary Income Tax Refresher and Update 2020 February 5, 2020

Sale of Interest in Trust; Negative Capital Accounts; Final Regs on Transfer for Value January 28, 2020

Code § 199A Safe Harbor for Rental Real Estate; Partnership Structural Issues; Sale of Intangible Assets October 29, 2019

State Fiduciary Income Tax (Kaestner); S Corp. Ownership; Basis Step-Up Strategies July 23, 2019

Final Regulations and Other Recent Guidance under Code § 199A; Life Insurance Income Tax Developments April 23, 2019

Fiduciary Income Tax Refresher and Update 2019 February 12, 2019

Planning for Business Exits from C Corporations; Intrafamily Business Transactions; Other Developments January 29, 2019

Effective Business Income Tax Rates in Light of 2017 Tax Law Changes December 7, 2018

Planning Using the Proposed Regulations under IRC §§ 199A and 643(f) October 30, 2018

Cahill 2036, 2038, 2703; Mazzei Disregards Corporate Arrangements; Investment Partnership Traps July 31, 2018

Partnership Audit Rules; Effects of Tax Reform; Using a Business Entity to Help Defray Fees April 24, 2018

Fiduciary Income Tax Refresher and Update 2018 February 14, 2018

Strategic Planning for Business Entities after 2017 Tax Reform January 30, 2018

Defined Value Clauses; S Corp. Distribution of Property; Traps Donating a Business to Charity October 31, 2017

Leveraging to Attain Basis Step-Up; Income Tax Benefits of Losing an FLP Case July 11, 2017

Landmark SE Tax Case; Post-Mortem Planning; Grantor Trust Reimbursement April 25, 2017

Fiduciary Income Tax Refresher and Update February 14, 2017

Self-Employment Tax and LLCs; New Partnership Audit Rules; Selected Issues from Heckerling January 24, 2017

Business Planning in Light of Proposed Regulations under Code § 2704 October 27, 2016

Life Insurance to Fund Buyouts or Loss of a Key Person September 29, 2016

Publications

Using Pass-Through Entity Tax Benefits in M&A transactions April 2, 2024

Proposed Regulations for Advanced Manufacturing Production Credit: Section 45X and Its Impact on Clean Energy Components January 11, 2024

Selling Federal Energy Tax Credits: Who, What, When, and How…and Other Important Points July 23, 2023

Now is the time to electrify your commercial vehicles March 20, 2023

Recent amendments to Illinois’ Historic Preservation Tax Credit Program provide clarity for investors July 20, 2022

Update – SOFR and LIBOR Replacement August 5, 2021

Litigation fees may be tax-deductible, confirms new Tax Court ruling May 10, 2021

With the government’s attention turning to taxes, your estate plan may need your attention April 22, 2021

IRS clarifies employee retention tax credit rules for Q1 and Q2 of 2021 April 8, 2021

IRS extends filing and payment deadline for individual taxpayers March 18, 2021

IRS clarifies legislative changes to the employee retention tax credit March 8, 2021

Key tax provisions in the coronavirus relief bill December 22, 2020

Chicago raises 'Cloud Tax' in response to $1.2 billion budget gap December 14, 2020

IRS issues guidance clarifying President Trump’s payroll tax deferral September 1, 2020

IRS clarifies holding period rules for profits interests and carried interests August 10, 2020

Key tax provisions of the proposed HEALS Act August 3, 2020

Proposed tax plans of the 2020 presidential candidates July 28, 2020

Highlights from the SBA’s further guidance on PPP loan forgiveness July 24, 2020

Congress relaxes Paycheck Protection Program rules June 11, 2020

‘COVID-19 Adjustment’ may lessen Cook County property taxes in light of pandemic June 2, 2020

HEROES Act proposes more potential tax incentives May 14, 2020

IRS updates filing and payment deadlines and time-sensitive action FAQs May 14, 2020

Effect of “forgiven” PPP loan on the deductibility of covered expenses May 7, 2020

IRS issues proposed regulations on grouping activities in calculating unrelated business taxable income May 1, 2020

What employers need to know about the CARES Act Employee Retention Payroll Tax Credit April 28, 2020

Effect of COVID-19 tax legislation on NOL carryforwards and carrybacks April 21, 2020

IRS clarifies Social Security tax deferral under CARES Act April 16, 2020

Tax filing and payment deadlines extended due to COVID-19 (again) April 14, 2020

Utilizing profits interests as equity incentive compensation December 2, 2019

Section 4960 Excise Tax: What tax-exempt employers need to know June 12, 2019

A top hat plan checklist for employers November 7, 2018

Strategies for estate planning during a divorce October 23, 2018

New Opportunity Zone investment may reduce capital gains liability October 16, 2018

When should you terminate a defined benefit plan? Four influential factors October 10, 2018

Sweeping tax reform necessitates review and analysis of form of entity May 3, 2018

Pending tax reform, prepaying 2018 real estate taxes could benefit Illinois individual taxpayers December 8, 2017

Serving as a trustee: What is the job description? November 10, 2017

21st Century Cures Act overrules IRS guidance on HRAs, enhances enforcement of Mental Health Parity Act March 10, 2017

Why donor advised funds are useful for year-end charitable giving November 14, 2016

Private equity’s top ten issues for the next president November 7, 2016

California real estate: Change the ownership, increase the tax October 18, 2016

Proposed changes to Section 2704 could spur tax increase for owners of closely held businesses September 15, 2016

IRS releases updated safe harbors for management contracts in tax-exempt bond-financed projects August 25, 2016

Voluntary disclosure opportunity for cloud computing services in Chicago December 22, 2015

Sale/leaseback transactions moving full steam ahead June 23, 2014

The Latest Beneficiary Grantor Trust — PLR 201039010 July 10, 2011

Blog Posts

Basis step-up: Planning for married couples August 7, 2019

Highlights from the Simply Tax podcast: How to choose an entity for a family business January 18, 2019

Unpacking the new qualified business income deduction for real estate rentals October 10, 2018

Converting from an S corporation to a C corporation – Don’t do it the simple but wrong way March 12, 2018

Beware this years’ taxpayer refund scams and data breaches: 8 steps recommended by the IRS March 2, 2018

Developments in FICA and self-employment tax affect partners and S corporations July 11, 2017

IRS gets upper hand in S corporation compensation audits June 27, 2017

Tax court finds self-employment tax for active LLC member May 25, 2017

Using an S corporation to avoid self-employment tax April 25, 2017

Tax court finds no self-employment tax for passive LLC member March 28, 2017

News

Thompson Coburn Welcomes 2024 Fall Associates September 3, 2024

Janette Lohman Interviewed by Bloomberg on New Approach to Tax Compliance July 17, 2024

TC Tax Controversy Team Helps Obtain Key Taxpayer Victory at Missouri Supreme Court November 27, 2023

Thompson Coburn Enhances Tax Credits Practice with Renewable Energy Tax Credits Focus November 8, 2023

Transport Topics turns to Nick Kappas for overview of new tax credit for EV commercial vehicles March 30, 2023

Nick Kappas rejoins Thompson Coburn’s Tax practice February 28, 2023

Janette Lohman selected as State Tax Lawyer of the Year by Finance Monthly June 7, 2021

Congratulations to the new Thompson Coburn partners for 2021 January 7, 2021

Congratulations to our 2021 Best Lawyers ‘Lawyers of the Year’ and ‘Ones to Watch’ August 20, 2020

Janette Lohman named Eighth Circuit Regent for the American College of Tax Counsel April 14, 2020

Congratulations to the new Thompson Coburn partners for 2020 January 2, 2020

Janette Lohman named to SLU Law’s Hall of Fame Class of 2020 November 21, 2019

Janette Lohman named ‘Influential Woman in Tax Law’ by Law360 September 19, 2019

Congratulations to our 14 ‘Lawyers of the Year’ for 2020 August 15, 2019

Thompson Coburn attorneys receive high marks in Chambers’ 2018 High Net Worth guide July 25, 2018

Elizabeth Feldmeir named to St. Louis Business Journal’s 40 Under 40 list December 28, 2017

Bloomberg publishes Steve Gorin article on taxing trust income November 10, 2017

Janette Lohman elected second vice president of the Institute of Professionals in Taxation August 10, 2017

Tom Corbett, Larry Katzenstein featured in Chambers’ inaugural High Net Worth guide September 20, 2016

Congratulations to the new Thompson Coburn partners for 2016 January 6, 2016

Saint Louis Legacy Awards honor Dale Knight, Larry Katzenstein, Covenant Place June 4, 2014

27 Thompson Coburn attorneys recognized in 2014 Chambers USA May 27, 2014

Georgia Demeros quoted in Fox Business article on debt, estate planning March 13, 2013

Private Client Group transfers more than $1.2 billion in assets January 28, 2013

Real Estate group supports $51 million apartment complex purchase November 9, 2012

19 Thompson Coburn partners named 2013 St. Louis Lawyers of the Year September 17, 2012

Thompson Coburn leads Federal Signal’s $110 million sale of FSTech to 3M June 21, 2012