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Tax Alerts

Revenue Ruling 2023-2 Addresses Basis Step-Up for Assets Owned by Certain Trusts
On March 29, 2023, the IRS issued Revenue Ruling 2023-2, which addresses an unsettled topic related to assets owned by an irrevocable grantor trust. Assets transferred to an irrevocable grantor trust are treated as a [...]

Washington Capital Gains Tax
On March 24, 2023, Washington Supreme Court ruled that the state’s excise tax on capital gains is constitutional and reversed the decision of the Douglas County Superior Court after determining that the capital gains tax is [...]

IRS Announces Extension for Certain New York Taxpayers
The Internal Revenue Service (IRS) announced that it is extending the due date for certain New York tax returns to May 15, 2023. This extension applies to individuals, businesses and trusts that were impacted by the December [...]
Newsletters

The 5 Top Emerging Licensing and Brand Promotion Growth Areas for the Entertainment Industry
Film and Television Brand Integration and Cross Promotion Opportunities With more and more subscribers and viewers skipping commercials on their DVR or similar technologies, advertisers [...]

Entertainment and Media Newsletter: Volume 4, Issue 1
Welcome to the Entertainment and Media Newsletter, containing content related to the people, news and business issues we see in our day-to-day service to the industry. In this issue: Hollywood and [...]

Entertainment and Media Newsletter: Volume 3, Issue 4
Welcome to the Entertainment and Media Newsletter, containing content related to the people, news and business issues we see in our day-to-day service to the industry. In this issue: The History of [...]