Edward Gonzalez

Jun 25, 2024 | jdsupra.com | Trevor Allen |Matt Dinger |Edward Gonzalez

On June 17, 2024, the IRS issued three pieces of guidance addressing certain “basis-shifting” transactions in the context of related-party partnerships: In new proposed regulations, the IRS identified several transactions as “transactions of interest,” which would require taxpayers and material advisors to report such transactions to the IRS.1 Notice 2024-54 describes two sets of forthcoming proposed regulations that would have the effect of (i) suspending the basis-adjustment benefits of...

Apr 3, 2024 | lexology.com | William Ridgway |David Simon |Joshua M. Silverstein |Edward Gonzalez |Lisa Zivkovic

The Department of Health and Human Services (HHS) Office for Civil Rights (OCR) recently announced its second settlement in four months growing out of a ransomware attack on a health care business. Maryland-based Green Ridge Behavioral Health agreed to pay $40,000 and implement a corrective action plan after an investigation found potential violations of the Health Insurance Portability and Accountability Act (HIPAA) privacy and security rules.