True Partners Insights

Pillar Icon

Partnerships/S-Corporations Insights

Pete Antonopoulos Moderates Federal Tax Session at the Chicago Tax Club Summer Seminar

Chicago Tax Club Summer Seminar June 27, 2019 Saddle & Cycle Club, 900 West Foster Avenue Chicago, IL Federal Tax Concurrent Session 8:00 – 9:15am Have you wondered what the tax treatment is related to transaction costs when you acquire an entity? Have you thought about what the potential tax impact of IRS Notice 2018-99 is to your Company related to qualified parking expense fringe benefits? The tax rules can […]

June 24, 2019

Washington Tax Insight June 2019

Politics and Congressional Activity Congress returned on June 3rd from a Memorial Day recess to face a number of pressing issues.  Negotiations on budget and spending legislation are in the hands of House Speaker Pelosi (D-CA) and Senate Majority Leader McConnell (R-KY) with a goal of reaching agreement in time to prevent the need to pass a continuing resolution prior to the start of the fiscal year on October 1st.  […]

June 12, 2019

Top State and Local Tax Issues for Private Equity Firms

Private equity firms face an increasingly complex tax environment. The combination of the 2017 Tax Cuts and Job Act, the historic U.S. Supreme Court Wayfair ruling last summer, and the growing trend of states adopting market-based sourcing, have put many new rules and regulations on the table. As these changes take effect, it’s more important than ever for firms to be up-to-date from a tax perspective. Here’s a brief look […]

May 23, 2019