Taxes
Taxes
Will You Be Able to Immediately Expense R&D Costs in the Future?
At a glance The main takeaway: The tax legislation passed in 2017 removed the immediate expensing of R&D costs beginning
Taxes
Inside the $80 Billion Plan to Enhance IRS Enforcement
At a glance The main takeaway: President Joe Biden and his administration have proposed an $80 billion budget increase for
Taxes
Tax Update: New Guidance on New York’s Pass-Through Entity Tax Credit
At a glance The main takeaway: New York State just recently provided some additional guidance on its pass-through entity tax
Taxes
Do Owners’ Wages Qualify for the ERC?
At a glance: New ERC guidance: In a Notice released August 4, 2021, pertaining to the ERC, the IRS issued
Taxes
Get Your Top ERC Tax Questions Answered
At a glance The main takeaway: The IRS has released tax guidance regarding the Employee Retention Credit, creating confusion for
Taxes
Healthcare Providers: What to Know About the New Stark Law Rule Revisions
At a glance: The main takeaway: Group practices must adhere to new revisions to the Stark Law rules by January
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.