Congresswoman Elise Stefanik (R-NY-21), member of the House Committee on Education and the Workforce, voted in support of H.R. 529—legislation to amend the Internal Revenue Code of 1986 to improve 529 ...
LATEST ACTION: April 3, 2020 - Referred to the House Committee on Ways and Means. BILL TITLE: To amend the Internal Revenue Code of 1986 to repeal the direct payment requirement on the exclusion from ...
Under § 170(c) of the Internal Revenue Code of 1986 as amended (the “Code”), a U.S. taxpayer may only claim a deduction on his or her federal income tax return for contributions made to 501(c)(3) ...
WASHINGTON, July 26-- Sen. Debbie Stabenow, D-Mich., has introduced legislation (S. 1618) to amend the Internal Revenue Code of 1986 "for purposes of the tax on private foundation excess business ...
Recently, there seems to be some confusion regarding section 643(b) of the Internal Revenue Code of 1986, as amended (the “Code”), and its application to trusts. Indeed, that provision—particularly to ...
On November 7, 2024, the U.S. Internal Revenue Service (the IRS) released Form 15620, 1 which standardizes elections under section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code,” ...
If you own a small business, you may qualify for significant tax savings under section 1202 of the Internal Revenue Code of 1986, as amended (Section 1202). Owners or investors of certain C ...