Notice 2024-10 Provides Corporate AMT Guidance on CFC Dividends and Applicable Financial Statements

The Inflation Reduction Act (IRA) enacted on August 16, 2022, created a new corporate alternative...

Tennessee Legislature Passes Franchise Tax Reform

On April 25, the Tennessee General Assembly passed a landmark reform (S.B. 2103) of the state's...

ESOP FAQs: Frequently Asked Questions Related to Employee Stock Ownership Plans

Employee ownership can be an attractive option for owners looking to sell their business while...

IRS Updates 2023 Withholding Tax Forms 1042 and 1042-S for Foreign Persons’ U.S. Income

The IRS in December 2023 released updated 2023 withholding tax forms for foreign persons’ U.S....

Senate, House Tax Chairs Announce Bipartisan Tax Deal Framework

Senate Finance Committee Chair Ron Wyden, D-Ore., and House Ways and Means Committee Chair Jason...

Federal regulators expand overtime pay requirements, ban most noncompete agreements

Federal regulators expand overtime pay requirements, ban most noncompete agreements The U.S....

New Requirement to Cover Long-Term Part-Time Employees in 401(k) Plans Enters Into Effect

New Requirement to Cover Long-Term Part-Time Employees in 401(k) Plans Enters Into Effect

Tennessee Franchise Tax Proposal Creates Refund Opportunity

Tennessee Franchise Tax Proposal Creates Refund Opportunity On January 22, the Tennessee House and...

IRS issues guidance on tax treatment of energy efficiency rebates

IRS issues guidance on tax treatment of energy efficiency rebates The Inflation Reduction Act (IRA)...

The Section 41 R&D Tax Credit Reporting Requirements: Preparing for New Form 6765

The Section 41 R&D Tax Credit Reporting Requirements: Preparing for New Form 6765