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Member Articles


Texas Expands Sales Tax Exemptions for Extraction Equipment. Learn More About the Upcoming Policy Shift

Many businesses in Texas have long accepted that equipment used to extract or prepare raw materials, like sand, gravel and lignite, didn’t qualify for the state’s sales tax manufacturing exemption. This narrow interp ...

Senate Releases Version of the 2025 Tax Bill

On June 16, 2025, the Senate Finance Committee released its version of the tax bill – “The One, Big, Beautiful Bill” (OBBB). The President has expressed the goal of signing the bill into law by July 4, 2025. The S ...

Washington Enacts Changes to Capital Gains and Estate Tax Laws

On Monday, May 20, Governor Bob Ferguson signed Senate Bill 5813 into law, introducing key changes to Washington’s tax landscape that may impact high net worth individuals and their estate planning strategies. Capital ...

IRS Withdraws Reporting Requirements for Certain Basis-Shifting Transactions

On April 17, 2025, the IRS issued Notice 2025-23, which announced its intent to publish a notice of proposed rulemaking to remove Treasury Regulations Section 1.6011-18 that identifies certain partnership basis adjustmen ...

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