Tax Notebook Blog

Gray Line

Visit the Boutin Jones Tax Notebook to learn about the latest developments and rulings in California and federal tax law.

FinCEN Publishes Filing Extension For BOI Reporting

As the new reporting regime for Beneficial Ownership Information (BOI) pursuant to the Corporate Transparency Act (CTA)…

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FinCEN Publishes “Small Entity Compliance Guide,” Proposed Filing Extension, For Small Business Beneficial Ownership Information Reporting

The new reporting regime for Beneficial Ownership Information (BOI) pursuant to the Corporate Transparency Act (CTA) draws…

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Hog Buildings are Like-Kind to Cape Property? Yes, But . . . The Strange Nexus of Section 1031 and Section 1245

Internal Revenue Code Sections 1031 and 1245 have an interesting relationship.  The recent Tax Court case of…

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FinCEN Beneficial Ownership Reporting: For Real Estate Investors, the FinCEN Identifier May be Key

By:      William F. Webster As discussed in two previous posts to this Tax Notebook Blog,[i] FinCEN has…

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IRS Issues Safe Harbor Provisions for Conservation Easements With Compliance Deadline of July 24, 2023

On April 10, 2023, the IRS issued Notice 2023-30, which sets forth safe harbor deed language for…

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Additional Tax Filing Extensions: Relief For Storm-Weary Californians

On February 24, 2023, the IRS issued News Release IR-2023-33 which extended the deadline for filing tax…

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1099-Ks From Venmo and PayPal: Ignore Them at Your Peril

Most people have contact with service providers such as Paypal, Venmo, EBay and Stubhub.  Paypal and Venmo…

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FinCEN Reporting Requirements Have Arrived

On April 19, 2022, this Tax Notebook Blog posted “The Coming FinCEN Reporting Requirements.”  That blog post…

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Tax Provisions of The Inflation Reduction Act of 2022

On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022 (the Act). …

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