The U.S. Court of Appeals for the Fifth Circuit ruled that the meaning of “limited partner” under Section 1402(a)(13) of the Internal Revenue Code of 1986, as amended (the “Code”), is determined under ...
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The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.
The North American Industry Classification System, already in use for other tax purposes, replaces a specified manual that ...
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IRS transcript codes and WMR reference codes
Curious about what that IRS transcript code means? Or did you get an error code on WMR? One of the biggest questions we see during tax season are what the various reference codes mean on the IRS ...
Don't let tax season catch you off guard. We break down the key differences on a W-2 and 1099 forms that directly impact your tax refund.
The Congressional Policy and Budget Research Department (CPBRD) released a study on the proposal to reduce the Value Added Tax (VAT) to 10%.
CNB Financial Corporation (“Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three and twelve months ended December 31, 2025. Key Financial Trends ...
TWO parallel measures field before the 20th Congress seek to reduce the value added tax (VAT) from 12 percent to 10 percent, ...
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