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Category: Taxation

The Uncertain World of “Series” LLCs

Delaware and several western or mid-western states, including Nevada which has been somewhat of a pioneer in the development of LLC law, have enacted business entity rules pursuant to which an LLC organized in that jurisdiction...

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IRS Grants Relief for 2020 RMDs

The IRS recently granted additional relief for retirement account owners due to Covid-19. Generally, when a person attains age 72 (previously age 70 ½) that person is required to begin taking required minimum distributions...

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Spousal Tax Relief

Taxpayers should be aware that by signing a joint tax return with your spouse, you are jointly and severally (individually) responsible for any tax, interest, and penalties that arise from that return. The IRS can pursue...

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Tax Blog is published by Dickinson Wright PLLC to inform the public of important developments within the firm and practice areas. The content is informational only and does not constitute legal or professional advice. We encourage you to consult a Dickinson Wright attorney if you have specific questions or concerns relating to any of the topics covered in this blog.

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