Taxes
The Redesigned 990-T, Take 3
While the Form 990 has not seen many changes since it was radically redesigned in 2008, the same cannot be…
Washington Businesses: Gross Receipts May Include Customer Reimbursements, Limiting Deductions
By: Tina M. Chunn, SALT Senior Manager At a glance: The main takeaway: A new ruling out of Washington suggests…
Virginia Ruling Explains Documentation Requirement for Electronic Delivery of Software
By: Jess Johannesen, SALT Senior Manager At a glance: The main takeaway: A new sales tax ruling out of Virginia…
Tax-Efficient Retirement Planning Tips for Dental Practice Owners
At a glance: Plan Today for Tomorrow: Though your business is your true passion and life’s work, it’s also important…
IRS Addresses Bitcoin Cash Fork, Four Years Later
At a glance: IRS announcement: In line with previous announcements, the IRS reiterated their position that taxpayers who received Bitcoin…
Possible Tax Implications of President Biden’s American Families Proposal
At a glance: President Biden is proposing major investment and infrastructure spending programs, which, if passed, will be offset by…
Top 5 Things You Need to Know About The Business Interest Deduction Limitation and Controlled Foreign Corporations
At a Glance IRS Final Regulations Update: The IRS released final regulations on the business interest deduction limitation that directly…
Portfolio Companies: Are You Eligible for the ERC?
30 Second Summary: Portfolio Companies and the ERC: While a controlled group relationship is generally unlikely between a private equity firm…
Transfer Pricing and COVID-19 – Time to Re-Examine Your Policy
At a Glance Multinational Companies Beware: Economic impacts from COVID-19 may require a new transfer pricing policy to avoid future penalties….
IRS Final Regulations on Foreign Tax Credits: New Compliance Headaches
At a Glance: IRS Final Regulations Update: The IRS has released the long-awaited final regulations for foreign tax adjustments, which the…