Robert C. Walthall, a partner in the Birmingham office and member of the Tax Practice Group, authored an article, "S Corporation Spin-Offs – New IRS Ruling Policy,” for the March-April 2019 issue of the Journal of Passthrough Entities. The article discusses recent rulings by the IRS involving split-offs of an S corporation and explores the expansion of the IRS’s ruling policy that could create the possibility for future spin-off transactions.