Ideas & Insights

Colorado enacts law restoring certain deductions related the to the CARES Act for both business and individual taxpayers.

Information on the instant asset write-off and tax loss carryback measures in Australia with potential tax savings for clients.

Devaluation caused by the pandemic may turn your company into a PFIC. However, there may be ways to mitigate tax costs.

A consequence of COVID-19 reductions is potential partial plan termination. Learn the requirements of a partial plan termination.

While 2021 may turn into a feeding frenzy for private equity, longer-term investors can remain as selective as they’ve always been.

The OECD’s guidance illustrates how the pandemic may impact arm’s length results, including lower profits and even losses.

Plan sponsor actions to incorporate the provisions of the SECURE and CARES Acts into their plan documents and plan administration.

States may not allow the gross income tax exclusion provided by the federal program, resulting in taxable discharge of indebtedness income.

Employers impacted by COVID-19 may be eligible for payroll tax credits and deferrals reportable on their quarterly payroll tax returns.

The Employee Retention Tax Credit was significantly expanded by the federal relief and stimulus package finalized Dec. 27, 2020.

Georgia has expanded the state jobs tax credit to apply to businesses hiring telecommuting employees in 2020 or 2021.

Updated emergency regulations and revised guidance explains the duration of COVID-19 nexus and withholding policies.

China has dominated global supply chains, but with rising labor costs, a U.S.-China trade war and the COVID-19 outbreak, this may change.

Companies contemplating a remote workforce should monitor the potential tax changes in states where employees may live and work.

Employers may wish to pay Social Security taxes deferred under the CARES Act before the due date and should consider certain items.

The COVID-19 pandemic has increased the risk of noncompliance in an evolving sales and use tax compliance landscape.

The COVID economy and virtual transformation may provide the right opportunity to take control of supply chain management.

The political and social landscape in the oil and gas industry is changing, and companies without an ESG strategy will fall behind.

State tax planning opportunities to consider in light of COVID-19, the resulting economic crisis and evolving tax laws and regulations.

The CARES Act enacted a temporary suspension of the TCJA’s 80% limitation on the use of NOLs, this will impact FTC and ODL calculations.