Taxes
Taxes
Are Payment Facilitators Subject to Sales Tax? 4 Questions to Consider
At a glance: The main takeaway: Sales tax guidance is ever-evolving and differs by state, which means payment facilitators need
Taxes
International Tax Considerations for Distributions From Foreign Corporations
At a glance: The Main Takeaway: U.S. taxpayers who are repatriating cash from foreign operations must appropriately consider complex federal
Taxes
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
Taxes
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
Taxes
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
Taxes
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
Taxes
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
Taxes
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.
Taxes
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
Taxes
IRS Declines to Extend Due Date for First-Quarter Estimated Tax Payments
At a glance: The IRS has confirmed its extension of the filing due date for 2020 individual income tax returns
Taxes
March Madness or Fraud Frenzy? The Money Laundering Signs You Need to Know
30 Second Summary March Madness creates a perfect storm for increased money laundering and gambling fraud that many sportsbooks and
Taxes
IRS Extends Filing Due Date for Individual Taxpayers
30-Second Summary: The IRS has extended the filing due date for 2020 individual income tax returns to May 17, 2021.
Taxes
3 Ways the New COVID-19 Relief Bill Impacts Your Business
30-Second summary: In addition to providing a new round of stimulus payments, the American Rescue Plan Act contains a host
Taxes
Funded R&D Project Documentation is Essential to Claim Credits
The R&D federal tax credit is a lucrative benefit for small and large businesses across industries. But if you don’t
Taxes
This Just In: IRS Extends Relief for Opportunity Zone Investors
Nearly one year after the start of the COVID-19 pandemic, the United States economy is still reeling from the effects
Taxes
Why Waiting to File Your Taxes May Net You More COVID Relief
It’s that time of year again: tax season. The 2021 filing season officially began on Friday, February 12, amid continued
Taxes
Breaking Down the Employee Retention Credit
The Employee Retention Credit (ERC), a payroll tax credit can be worth up to $19,000 per employee, was significantly
Taxes
Proposed Rule Aims to Crackdown on Crypto Loopholes
As virtual currency’s popularity grows, so does the scrutiny around it. In recent years, the IRS has been more committed
Taxes
The Newly Extended Solar Investment Tax Credit Can Brighten Your Business
Despite the news coverage, the Consolidated Appropriations Act, signed by President Trump on Sunday, December 27, 2020, contains more legislation
Taxes
Webinar: Unpacking PPP Updates from the Latest Stimulus Bill
The Consolidated Appropriations Act, 2021 (the Act) was passed by Congress on December 21 and includes some significant changes to
Taxes
Consolidated Appropriations Act of 2020 Favorable to Real Estate Industry
In the 5,593-page Consolidated Appropriations Act of 2020 (the Act), there are several provisions which impact the real estate industry.
Taxes
Important Changes to 1099 Filing Process
The IRS has made changes to the annual 1099 filing process that most employers have become accustomed to. These changes
Taxes
Reevaluating your tax plans based on the presidential election outcome
Now that Joe Biden has been projected as the winner of the U.S. presidential election by major news outlets*, you