Europe is highly dependent on Russian natural gas to generate electricity and provide heat. As Russia’s invasion of Ukraine continues to drag on, and the NordStream pipeline has largely been placed...
With more than $4 trillion of tax increases scheduled to take effect at the end of 2025, given the sunsetting provisions of the Tax Cuts and Jobs Act (TCJA), 2025 will be the most consequential year for...
A disaster management and emergency response plan is essential for commercial real property owners, landlords, managers, and governing bodies. Read this guidance on preparing and responding to disasters...
Between the Treasury Department’s release of the highly anticipated draft outbound investment regulations to the Committee on Foreign Investment in the United States (CFIUS)’s annual report...
Do you need to understand the legal requirements and procedures for filing a Representation Management (RM) Petition and best practices for addressing the National Labor Relations Board's recently...
Property subject to depreciation and real property used in a trade or business is commonly referred to as I.R.C. Section 1231 property. Once you have concluded that property is I.R.C. Section 1231 property, your work is not done. This practice note assists with your next steps: determining the advantages of such treatment, the installment sales of depreciable property that involve unrecaptured I.R.C. Section 1231 gain, and the interplay between I.R.C. Section 1231 and 1234A, which potentially treats certain lease terminations as capital gain income.
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