Aerospace, Defense & Government

What Happens When a QPRT Ends?

Homeowners who want to minimize their future estate taxes and transfer their home to their children might consider setting up…

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U.S. Government Contractors and Cross-Border Payroll Tax Issues

The cross-border global expansion of business activities continues to increase exponentially in the US government contracting industry. Many government contracting…

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Employer-Owned Life Insurance Policies: Tax Treatment & Reporting Requirements

In the past, money received through a life insurance contract, paid by reason of the death of the insured, were…

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Virginia Amends Residency Definition for Estates and Trusts

On February 15, Virginia amended its estate/trust residency statute by removing one of the definitions used to determine whether an…

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QBI Deduction: The Impact of Proposed Regulations on Government Contractors

Recently, the U.S. Department of the Treasury and Internal Revenue Service (IRS) issued much-anticipated proposed regulations on the potential 20%…

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