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LOUISVILLE, Ky.—Stites & Harbison, PLLC welcomes attorney Cyrus Gilmore Dutton IV to the firm’s Louisville, Ky., office. He joins the Torts & Insurance Practice Group. Dutton’s practice focuses primarily on complex commercial litigation. He also represents companies with a vast array of needs from business litigation to corporate compliance. Prior...
by Stites & Harbison, PLLC
NASHVILLE, Tenn.—Stites & Harbison, PLLC welcomes attorney Philip D. Irwin to the Nashville, Tenn., office. He joins the firm as a Member (Partner) in the Business Litigation Service Group. “We are very excited to have Phil join our Nashville team,” stated Richard S. Myers, Jr., Nashville Office Executive Member. “His...
by Stites & Harbison, PLLC
The One Big Beautiful Bill Act (the “OBBBA”) signed by President Trump on July 4, 2025, reflected the administration’s policy decision to end incentives for clean and renewable energy enacted in the Inflation Reduction Act (the “IRA”) during the previous administration. Tax credits for wind and solar projects in particular...
While “uncertainty” may have been one of the most frequently used words by the powerhouse panelists over this two-day event, there was no shortage of deep discussions surrounding the most pressing issues facing auditors in their crucial gatekeeper role within the capital markets. QC 1000 One of the primary take-aways...
Internal Revenue Code Section 1202 provides for the exclusion for noncorporate taxpayers of gain on the sale of qualified small business stock (QSBS) held for more than five years. For stock acquired after September 27, 2010, the exclusion is 100%. The exclusion is subject to a per-issuer cap: generally, the...