President Obama signed The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (P.L. 114-41) into law on July 31, 2015. The bill was enacted as a “stop-gap” measure that funds federal highway and transportation spending and, effectively pays for that spending, in part, through new and modified tax compliance requirements. This article

 View original document with footnotes One reasonably might expect her sale of a partnership interest to generate only capital gain; after all, a partnership interest is a capital asset.  While it is certainly true that overall gain from the sale of a partnership interest is determined by reference to the difference between sale proceeds and

View original document with footnotes As required, on October 23, 2015, the Internal Revenue Service released, for comment, proposed regulations which describe the marital status of taxpayers for various federal tax purposes. The proposed regulations primarily affect married couples, employers, sponsors, and administrators of employee benefit plans and executors. The stated purpose of the proposed