![House Bill limits losses of real estate pro’s and other active losses](https://insights.pughcpas.com/wp-content/uploads/2021/10/Pugh-FeatureImage-Office-Building-with-sun-glare2-814-300x170.jpg)
Proposed Excess Business Loss limits could hurt real estate pro’s, others with active losses, including cash losses.
![Senator Wyden’s draft proposals target partnership tax rules](https://insights.pughcpas.com/wp-content/uploads/2021/09/Pugh-FeatureImage-US-Capitol-Building-2-775-300x169.jpg)
Senator Wyden’s recent ‘discussion draft’ legislation, if enacted, would drastically alter many of the tax rules that apply to partnerships.
![IRS partially finalizes passthrough interest limitation regulations](https://insights.pughcpas.com/wp-content/uploads/2020/11/Pugh-RSM-Image-sm_tax_reform-300x169.png)
Final regulations address self-charged interest and trading partnerships, but reserve on tiered partnerships and other items.
![IRS simplifies partnership tax capital reporting rules](https://insights.pughcpas.com/wp-content/uploads/2020/11/Pugh-RSM-Image-sm-federal-tax-300x169.png)
In lieu of an in depth analysis, partnerships may utilize one of three ‘snapshot’ methods to comply with tax capital reporting requirements.
![2020 year end tax considerations for businesses](https://insights.pughcpas.com/wp-content/uploads/2020/10/Pugh-RSM-Image-sm-1020-year-end-tax-planning-guide_univ_green-300x157.png)
Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.