Thought-provokinganalysis and opinion on federal tax issues

Monthly Archives: November 2020

A Link To My Articles At Tax Analysts

November 20, 2020

by Monte A. Jackel

I am attaching a link to my articles and letters at Tax Analysts (which is behind a paywall). https://jackeltaxlaw.com/wp-content/uploads/2020/10/Jackel_Monte_IN_450x255.png Thought it would be of interest.

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Potential Regulatory Projects For New Administration

November 16, 2020

by Monte A. Jackel

I thought the attached would be of interest. https://jackeltaxlaw.com/wp-content/uploads/2020/11/Potential-Regulatory-Projects.docx

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ENTITY LEVEL SALT TAXES ONCE AGAIN

November 12, 2020

by Monte A. Jackel

Notice 2020-75, issued a few days ago, held that the so-called SALT workarounds using state laws that allow the partners to cause the partnership entity to incur an entity level income tax with a credit at the partner level, are true entity level taxes and that the SALT limitation of section 164 as amended by […]

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Is A New Treasury and IRS Transition On The Way?

November 8, 2020

by Monte A. Jackel

Presidential transitions bring extreme changes within the Treasury Office of Tax Policy and the IRS Office of Chief Counsel, usually starting the day after the election results are in and continuing through the date of inauguration of a new president. I saw this play out once in 1992-1993 when serving on the staff of the […]

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