People on the move: MWE names next MP in transition plan

Sunday, February 5, 2017

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People on the move: MWE names next MP in transition plan

Craig Savell is due to take the helm at Margolin Winer & Evens

A roundup of recent hires, promotions, and other personnel news from firms across the country, plus a new Deloitte Tax chairman and CEO in New York and a dozen newly admitted partners at CohnReznick.

(Original source: link)

Distribution by former S corporation is part dividend

May 10, 2019

In Rev. Rul. 2019-13, the IRS ruled that a distribution to the sole shareholder of a C corporation was partly a recovery of the former S corporation’s accumulated adjustments account (AAA) and a taxable dividend for the remaining distribution. The company involved was originally a C c…

IRS changes maximum-vehicle-value rule

May 09, 2019

The IRS intends to revise its regulations to make them consistent with the recent statutory changes to the automobile price inflation adjustment in Sec. 280F(d)(7), which affect the vehicle value that applies when valuing employees’ personal use of employer-provided vehicles (Notice 20…