Private equity transactions refer to investments (and the sale or disposition of those investments) made by pooled investment vehicles (a private equity fund, venture fund, or other group of institutional...
Commercial Property Assessed Clean Energy (C-PACE) financing provides borrowers access to additional capital for constructing energy-efficient improvements. Private lenders offer C-PACE financing in most...
In the United States, federal and state banking laws and the regulations promulgated by federal and state banking regulators provide a comprehensive system that regulates and supervises the activities...
Learn about the litigation process set up by the Biologics Price Competition and Innovation Act (BPCIA) to facilitate resolution of patent disputes between reference product sponsors and biosimilar manufacturers...
Do you need to understand child labor law compliance best practices in light of recent developments in this area of the law spearheaded by Congress, the Department of Labor, and other federal and state...
Brokerages have historically used Form 1099-B to report a taxpayer’s sale of securities. Since 2011, the IRS requires brokerage firms to report on Form 1099-B (or a substitute statement) the cost basis of securities sold or exchanged by the taxpayer and the type of capital gain (short-term or long-term). I.R.C. § 6045B and regulations. IRS Publication 550 offers taxpayers detailed guidance on how to calculate cost basis under different circumstances, which is essential in determining a taxpayer’s taxable profit or loss on the sale of most securities. Learn more about cost basis reporting by reading this practice note.
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