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The quick appreciation in crypto prices has resurrected the public’s interest in the related tax issues. This article features insight into some of the most common digital asset transactions and how they are usually treated under current U.S. tax law.

This article discusses year-end tax planning tips for parents.

Act 60-2019 (“Incentives Act”) includes measures to attract individual investors to Puerto Rico by providing many incentives to resident individuals.

Service businesses must understand the rule differences of how business receipts are required to be sourced for sales apportionment purposes on both New York State and New York City tax return filings.

Tax highlights of the Omnibus Appropriations Act, which includes the PATH Act. There are a number of provisions that may be of interest to the financial services/securities and business communities. This article contains an overview of the tax extenders and REIT provisions.

PATH extends many of the tax incentives and credits for businesses and individuals, which had expired. Some of these incentives have been permanently extended. Our guide provides extensive coverage of PATH, which should assist you in planning.

Income tax and long-term capital gains. Examples of statutory provisions converting long-term capital gains into ordinary income. Section of the Internal Revenue Code that causes gains to be re-characterized as ordinary income subject to a significantly higher federal income tax rate.

Chief Counsel Advice Memorandum's provide a strong indication of the IRS view on an issue such as options on basket of hedge funds. IRS CCA 201547004 concerns the federal income tax treatment of a taxpayer entering into an 'option' contract on a basket of U.S. and non-U.S. hedge funds.

Federal income tax treatment of OTC Foreign Currency Options was altered by the 6th Circuit. In Wright, the appeals court held that IRC Sec. 1256(g)(2)(A), OTC foreign currency options are Section 1256 contracts, and, accordingly, are subject to mark-to-market accounting.

2016-02-26 By Michael Aronow and Craig Ter Boss Michael Aronow is a partner and Craig Ter Boss is a principal in EisnerAmper’s Corporate Finance Group, specializing in valuation services for alternative asset managers. The recent increase in regulatory scrutiny regarding how asset managers value i

FATCA legislation encompasses all U.S. businesses that make payments to non-U.S. entities or individuals. As part of an overall effort by the U.S. Department of Justice, FATCA addresses potential tax evasion through offshore accounts and investments. Details on Form W-8BEN-E.

Understanding the nature of reimbursement fraud and improving controls can help prevent and detect these costly schemes. In 13.8% of all asset misappropriation cases reported, employee reimbursement frauds were present. Here are the types of expense reimbursement fraud.

Given the high stature of SOC 2 within the U.S., many European organizations are undergoing SOC 2 to establish credibility when entering the U.S. market. Learn about the competitive advantages and how to get started.

The heart of the international tax reform involves the adoption of a participation exemption regime which transforms the current worldwide taxation system with deferral to a partial territorial system for domestic corporations.

This article discusses how, for the most part, the final regulations adopt the proposed regulations issued by Treasury in March of 2019 – but there are several notable developments of which you’ll want to be aware.

GASB 103 is an update to Statement No. 34, reconsidering current trends and stakeholder interests. Understand the statement's changes to maintain compliance and adhere to accounting standards. 

Business owners in New Jersey have expressed concerns about the difficulties of attracting and retaining talent compared with many other states and action from state government may be needed in order to help curb this trend of outmigration.

In order to accurately understand the financial state of their business, many CFOs, controllers, and accounting departments utilize Generally Accepted Accounting Principles (GAAP).

Learn how real estate fund sponsors can leverage disregarded entities to facilitate tax-deferred exchanges and accommodate investor preferences, even in complex scenarios. Explore the nuances of PLR 200807005 and other relevant rulings to optimize your exit strategies.

A partnership case study where a financial institution, sports organization, and a children’s hospital in an impoverished area worked together to feed hungry families during the COVID-19 crisis.