Tax Reform
Catch Them if You Can: Fraud in the Film Industry
At a glance: The main takeaway: The film industry creates an environment that is uniquely vulnerable to fraud – especially
Tax Reform
Building a Better AML Program for Money Services Businesses
At a glance: The main takeaway: Businesses that provide any kind of financial services are subject to strict anti-money laundering
Tax Reform
Double Edged Sword – International Taxation Proposals Under The Recent Build Back Better Act May Result in Increased Tax and Compliance Challenges
At a glance The main takeaway: The latest version of the Build Back Better Act (BBBA), if passed, will modify
Tax Reform
Big Changes for the Crypto World Part 1: How the Infrastructure Investment and Jobs Act will Impact Cryptocurrency
At a glance The main takeaway: The Infrastructure Investment Jobs Act was passed by Congress on November 5, 2021 and
Tax Reform
Big Changes for the Crypto World Part 2: How the Proposed Provisions in the Build Back Better Act will Impact Cryptocurrency
At a glance The main takeaway: The Build Back Better Act continues to be debated by the Senate. This bill
Tax Reform
City of Atlanta Announced a CPA Statement is Required for Restaurants to Renew their Alcohol License
At a glance The main takeaway: The City of Atlanta has decided to move forward with the compliance of ordinance
Tax Reform
Breaking: IRS Introduces New Rules for R&D Tax Credit Refunds
At a glance: Big changes to R&D Tax Credits on the horizon: In a release published Friday, October 15, the
Tax Reform
The Pulse on the Economy and Capital Markets: Nov 1 – Nov 5, 2021
At a glance: Overall markets continued their impressive streak higher with smaller companies leading the way. The infrastructure bill is
Tax Reform
What Upcoming Tax Legislation Might Mean For You, Your Business, and Your Estate Plan
At a glance The main takeaway: House and Senate Democrats are debating and modifying President Joe Biden’s tax proposals with a
Tax Reform
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
Tax Reform
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
Tax Reform
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
Tax Reform
Cross-Border M&A: Section 338(g) Elections After TCJA
At a glance The main takeaway: Subject to certain requirements, U.S. corporate taxpayers who acquire stock of a foreign corporation
Tax Reform
The Infrastructure Bill Proposes Big Changes for the Crypto World. Here’s What You Need to Know.
At a glance The main takeaway: The new bipartisan infrastructure bill that’s making its way through Congress is proposing some
Tax Reform
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
Tax Reform
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
Tax Reform
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
Tax Reform
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.
Tax Reform
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
Tax Reform
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
Tax Reform
Tax Reform: Why the Right Business Structure Is Vital for Tech Startups
The business entity you choose when starting a new company is more important than ever before in the wake of
Tax Reform
IRS Waives Penalty for Taxpayers with At Least 80% of Total Tax Liability in 2018
On Jan. 16, 2019, the IRS released news of a penalty waiver that may benefit taxpayers whose 2018 federal tax
Tax Reform
New Tax Reform Carried Interest Rules Could Put CRE Investors at Odds with Developers
It was somewhat of a surprise in the final legislation President Donald J. Trump signed into law in late 2017
Tax Reform
Tax Reform Could Alter Your ESOP Strategy
Employee Stock Ownership Plans (ESOPs) have offered a tax-advantaged exit strategy for privately-held business owners since 1974, but Congress recently
Tax Reform
Five Key Changes to Tax Law That Will Affect Colleges and Universities
Colleges, universities and other non-profits have plenty to digest when it comes to last year’s massive tax overhaul. Many of
Tax Reform
Will Tax Reform Make C Corps Cool Again?
By the end of the 1980s, closely-held C corporations mostly went the way of Members Only jackets and the Commodore
Tax Reform
Forget Debt? Maybe Not Yet: How to Grow without Full Business Interest Deduction
Manufacturers and other companies that traditionally rely on debt as a growth strategy need to consider new approaches, now that
Tax Reform
Corporations Must Pay Transition Tax to Bring Home Tax-Free Future Foreign Earnings
U.S.corporations with operations overseas might have been thrilled with tax reform that lets them bring home future foreign earnings free