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IRS Proposes Changes to Its Circular 230
Published on April 30, 2025
These may complicate and delay estate planning and valuation.
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Other news
Pending Home Sales Jump 6.1% in March
April 30, 2025
The National Association of Realtors® (NAR) pending home sales index rose more than expected in March, experiencing its largest monthly increase in over two years. The index came in at 76.5, a 6.1% jump from the previous month but a 0.6% decline from one year ago. Pending home sales were expected to rise 0.9% month-over-month.
Real Estate Firms Push to Preserve Carried Interest Tax Break
April 30, 2025
The real estate industry is at the forefront of a lobbying blitz to sway Congress to preserve the carried interest tax break that President Donald Trump wants to abolish in a giant tax bill pending in Congress.