IRS Releases Substantive Guidance on the Treatment of Research and Experimental Expenditures Under Section 174 On September 8, 2023, the IRS released pre-regulatory guidance concerning the...
Clarifying the SECURE Act 2.0 Roth Catch-Up Contribution Extension While, the IRS’ announcement last month provides significant compliance relief for processing catch-up contributions as after-tax...
Select Committee Publishes Report and Recommendations on Chinese Forced Labor As highlighted in prior Trade Alerts, the U.S. has increased its attention on the use of forced labor in the manufacture...
California Franchise Tax Board Designates Microcaptive Insurance Transactions, Some Conservation Easements as Tax Avoidance Transactions On May 31, the California Franchise Tax Board (FTB) issued ...
Plan Sponsor Alert: What to Know About Service Provider Consolidation Consolidation among service providers has been a long-developing trend. Empower, the nation’s second-largest recordkeeper has...
Canada Ramps Up Efforts to Eliminate Forced and Child Labor in Supply Chains On May 3, 2023, the Canadian Parliament passed a bill (Bill S-211) focused on environmental, social and government (ESG)...
Bank POV: Forecasting Loan Portfolios in a High Interest Rate Environment
Businesses: Do you have to comply with the new corporate transparency reporting rules? Your business may soon have to meet new reporting requirements that take effect on January 1, 2024. Under the...
Georgia Decouples From IRC Section 174, Enacts PTE Tax Changes, and Imposes Sales Tax on Digital Goods and Services On May 2, Gov. Brian Kemp signed S.B. 56 and H.B. 412 to update Georgia’s...
Year End 2023: Four Key Tax Reminders for Hedge Fund Managers