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McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

Weekly IRS Roundup March 1 – March 5, 2021


By on Mar 9, 2021
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of March 1, 2021 – March 5, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. March 1, 2021: The IRS issued Notice 21-20 providing guidance regarding the...

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Weekly IRS Roundup February 22 – February 26, 2021


By on Mar 2, 2021
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 22, 2021 – February 26, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. February 25, 2021: The IRS issued an alert warning taxpayers to refrain...

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Weekly IRS Roundup February 15 – February 19, 2021


By on Feb 24, 2021
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 15, 2021 – February 19, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. February 16, 2021: The IRS issued Revenue Ruling 21-05, which provides the...

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Weekly IRS Roundup February 8 – February 12, 2021


By on Feb 17, 2021
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 8, 2021 – February 12, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. On February 9, the Internal Revenue Service announced that Nancy Sieger would...

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Weekly IRS Roundup February 1 – February 5, 2021


By on Feb 8, 2021
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 1, 2021 – February 5, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. February 4, 2021: The IRS published Rev. Proc. 2021-15 providing a safe...

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Weekly IRS Roundup January 25 – January 29, 2021


By on Feb 2, 2021
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 25, 2021 – January 29, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. On January 20, President Biden’s chief of staff, Ronald Klain, issued a...

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Weekly IRS Roundup January 18 – January 22, 2021


By on Jan 27, 2021
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 18, 2021 – January 22, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. On January 20, President Biden’s chief of staff, Ronald Klain, issued a...

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Weekly IRS Roundup January 11 – January 15, 2021


By on Jan 20, 2021
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 11, 2021 – January 15, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. January 11, 2021: The IRS released TD 9948 containing final regulations relating...

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Weekly IRS Roundup December 28, 2020 – January 8, 2021


By on Jan 14, 2021
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the weeks of December 28, 2020 – January 8, 2021. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. December 29, 2020: The IRS released Revenue Procedure 21-09 providing a procedure...

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Weekly IRS Roundup December 21 – December 26, 2020


By on Dec 30, 2020
Posted In IRS Guidance, Tax Reform

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of December 21 – December 26, 2020. Additionally, for continuing updates on the tax impact of COVID-19, please visit our resource page here. December 21, 2020: The IRS released TD 9941 containing final regulations regarding the...

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