Our Thoughts On Archive

Internet Domain Names: Capitalization or Amortization?

In a recently issued Chief Counsel Advice Memorandum (CCA 201543014), the IRS has concluded that costs incurred by a taxpayer to acquire internet domain

Gift Tax Returns: What's With All the Questions?!

With the October 15 deadline for gift tax returns behind us, clients and other tax groups at Schneider Downs may have at times felt bombarded with questions

The Cadillac Tax: "The burden is expected to fall on wages"

Conclusions reached by a recent Congressional Research Service (“CRS”) report state that, although the Cadillac tax is imposed on insurers

Passive Activity Losses Related to Real Estate Activities

Generally speaking, passive activities result from a business activity in which you do not materially participate. Any losses resulting from passive activities