Search Results

The IRS has announced that it will amend the IRC Sec. 871(m) 'dividend equivalent' final regulations to delay the effective date of certain of its provisions. Specifically regarding the extended phase-in implementation, Notice 2017-42 notes the following.

This issue also contains summaries and links to suggested reading on nexus and state tax: No Regulation without Representation Acts, MTC Guidelines to Know and Love, Ohio and Washington Expanding Nexus and The Nexus Question Everyone Asks.

The New York State Department of Taxation and Finance provides two state income tax credits for 'qualified emerging technology companies' (QETCs): the QETC Employment Credit and the QETC Capital Tax Credit.

Private equity firms are having a growing impact on the playing field in European soccer/football. This article shines a light on how that came to be, and the current environment wherein there has been a considerable injection of capital from U.S. private equity firms.

An examination of the new Schedules K-2 and K-3, which were created to provide a standardized method of reporting items of international relevance to partners, shareholders, and the IRS.

After a 2021 tax season that left many tax practitioners and investment managers of domestic pass-through entities in limbo, some clarity has been provided as to who has a responsibility to file Schedule K-2s and distribute K-3s to their partners.

A recap of a recent session focused on year-end tax planning topics including issues related to retirement plans, tax loss harvesting and charitable contributions.

The Employee Retention Credit could be amended to prevent fraudulent claims. Here’s how. 

September marks the end of the IRS's fiscal year. Learn more about the IRS's FY 2024 priorities, including increased IRS exams, heightened partnership enforcement, a focus on high-end collection cases, plus, the launch of the cost of goods sold compliance campaign and new programs to tackle ineligible Employee Retention Credit claims.

Stay prepared with document retention and find out how keeping the right records can help you avoid costly discrepancies and errors in the future.  

The amended Section 174 eliminates the research and expenditure deduction for businesses. Three bills are looking to change that. 

A November webinar on “Year-End Tax Planning Strategies for Businesses” focused on federal, corporate, state and local tax issues to be aware of.

There have been several developments in the research and development (“R&D”) tax credit related to the associated expense treatment of research and experimental (“R&E”) costs under IRC Sec. 174.

  Popular entertainer Taylor Swift’s current tour could add up to $5 billion to the worldwide economy and net the artist over $500 million—but how will this affect the artist’s tax bill?   

After 13 years, the Senate has approved a tax treaty between the U.S. and Chile. This could have significant effects on multinational taxpayers.

Amazon is entering the fiercely competitive retail grocery segment in the first half of 2017 and they plan to have approximately 2,000 locations nationwide over the next decade. Amazon Go stores will utilize 'Just Walk Out Technology.'

You may have heard about Samsung’s new Galaxy Note 7 overheating, possibly due to the lithium ion battery. With Samsung locked in a battle with Apple for global smartphone domination, it becomes critical to manage a crisis both quickly and correctly.

The San Francisco Municipal Transportation Agency received a Thanksgiving surprise – a ransomware cyberattack. Ransomware is a type of malicious software designed to block access to a computer system until a demand is met or a sum of money is paid.

Did you ever hear of a chatbot? According to Venturbeat estimates, 170+ companies are currently in the chatbot sector, backed by $4B in funding.

The U.S. Department of Energy announced an initiative aimed at accelerating the development of advanced water splitting technologies for producing renewable, clean-burning hydrogen energy. The HydroGEN Advanced Water Splitting Materials consortium offers two routes for entry.