Business Tax Archives - WilkinGuttenplan

Articles Business Tax Mergers & Acquisitions State and Local Tax

Change of Domicile Before Selling a Business

Business owners contemplating a sale of their business should carefully evaluate the state tax implications of various transaction structures. Several…

Jimmy MontgomeryJune 18, 2026

Articles Business Tax Real Estate Tax Law Legislation

IRS Guidance on Withdrawing Section 163(j) Real Property Elections

In light of changes made by the One Big Beautiful Bill Act (OBBBA), the IRS on March 18 released guidance…

WilkinGuttenplanJune 9, 2026

Articles Business Tax Individual Tax Tax Law Legislation Tax Services

Protective Refund Claim: Kwong v. United States

Pending tax litigation may create a protective refund claim opportunity for taxpayers who paid penalties and related interest to the…

Vinay NavaniJune 4, 2026

Articles Business Tax International Tax Tax Law Legislation

New Jersey Releases Updated NCTI and FDDEI CBT Guidance

New Jersey NCTI Guidance Update On May 6th, 2026, New Jersey released revised technical bulletin related to the Corporation Business Tax (CBT) treatment…

Ektaa ShahMay 19, 2026

Articles Business Tax International Commerce Group International Tax State and Local Tax

New Jersey GILTI (NCTI) and FDII (FDDEI) Guidance Under OBBBA

After the enactment of the One Big Beautiful Bill Act (OBBBA) in July 2025, there were several modifications to the…

Grace LeeFebruary 18, 2026

Articles Business Tax Individual Tax Tax Law Legislation

Trump Accounts for Children: Rules and How to Open One

The One Big Beautiful Bill Act introduced a new type of retirement savings account known as Trump accounts for children.…

Ryan MooreFebruary 3, 2026

Articles Business Tax International Commerce Group Tax Law Legislation

CBP Introduces New Electronic Refund Process for Importers

U.S. Customs and Border Protection (CBP) has developed a new electronic refund process, the ACE Portal, which is set to…

Ektaa ShahFebruary 2, 2026

Articles Business Tax International Tax

Supreme Court Tariff Review Could Trigger Refunds

Potential Tariff Refunds – Action May Be Required by December 15 On Friday, November 28, 2025, Costco filed a lawsuit…

Bill McDevittDecember 3, 2025

Articles Business Tax International Tax

Supreme Court Justices Appear Skeptical of Trump’s Broad Tariffs

During oral arguments on Wednesday, both conservative and liberal justices of the US Supreme Court expressed skepticism regarding President Trump’s…

Bill McDevittNovember 6, 2025

Articles Business Tax Life Sciences & Pharma

State Tax Nexus and Compliance for Pharma and Life Sciences

“Nexus” is a Latin term that means connection and is key to understanding state and local tax obligations for businesses.…

Jenna SanfilippoSeptember 9, 2025