United States
Partially finalized regulations on business interest expense deductions provide helpful clarifications for multinational businesses.
IRS guidance on the 15% maximum on automatic contributions, 401(k) and 403(b) plan safe harbor requirements, and plan loan offset rollovers.
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.
Many limitations, including the 401(k) elective deferral limit for employee contributions, remain unchanged from 2020 levels.
Second settlement initiative for certain taxpayers under audit who participated in abusive micro-captive insurance transactions.
Tax planning opportunities for consideration in light of COVID-19, the resulting economic crisis, and evolving tax laws and regulations.
The IRS released final regulations affecting S corporations that revoked their status in response to TCJA and lower C corporation tax rates.
IRS releases final and proposed regulations on the deduction for dividends from foreign corporations and related reporting rules.
Treasury proposes clean up to air trans excise tax regulations and rules to exempt payments by aircraft owners to management companies.
Final and proposed regulations related to the GILTI high tax exclusion and subpart F high tax exception released.
Treasury and the IRS have issued final regulations on determining the amount of the deduction for FDII and GILTI.
The proposed regulations provide long-awaited guidance for the disallowance of qualified transportation benefits and commuting expenses.
Plan participants may use an electronic system facilitating remote notarization or witnessing if executed via live audio-video technology.
Congress authorizes additional $310 billion for PPP; SBA issues additional eligibility guidance for hedge funds and private equity.
The U.S., Cayman, and other jurisdictions extend deadlines for filing FATCA and CRS reports, but exams and compliance programs continue.
Notice 2020-23 provides corporate filers with guidance on extended filing and payment dates, with additional specifics and clarifications.
The IRS has moved the due date for adopting IRS preapproved pension plan document from to April 30, 2020 to July 31, 2020.
With the NCAA opening the door to name, image and likeness compensation, there are several key considerations for schools and athletes.
Income testing is a vital aspect of compliance for real estate investment trusts. Learn more about the two types of income tests.
The Protecting Americans from Tax Hikes Act of 2015 codifies some significant provisions affecting REITs and foreign investments.