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Tax Due Diligence Insights

Partnership Tax Reform: The Wyden Proposals and Budget Reconciliation Legislation

Congress is currently working on legislation designed to enact the agenda laid out by President Biden in his State of the Union address and the budget for Fiscal Year 2022, which was forwarded to Congress in the spring.  After enacting pandemic-relief legislation in early 2021, Congress then moved on to infrastructure legislation, which was approved in the Senate in August and is awaiting final action in the House. The major […]

November 4, 2021

TPC Transaction Services Practice: A Challenging Year Results in Unprecedented Growth

TPC Transaction Services Practice rebounds from COVID-19 down-turn with historic September 2020 through August 2021 trailing twelve month revenues fueled by private equity buy-side tax due diligence services. TPC has assisted with over 40 middle-market deals year-to-date in 2021, ranging from $1 million to $1 billion in deal size in over 20 geographic locations across the US. The past year, our tax due diligence services have been fueled by private […]

October 1, 2021

The Taxation of Capital Gains & Carried Interests in 2021: A Look at Issues for Private Equity Funds

Following the release of the Administration’s American Jobs Plan, President Biden released a new set of proposals designed to address “human infrastructure” issues with a package of revenue-raising proposals that would result in significant tax increases for upper-income individuals. The proposals in his American Families Plan reflect his campaign pledge to ensure that wealthy individuals pay “their fair share” in taxes, and they are drawn from proposals that the President […]

May 25, 2021