The Congressional budget deal signed into law on November 2 eliminates two strategies used by married couples and ex-spouses to maximize their Social Security benefits. We give an overview of what changed under the new law.
Risk is complicated. That’s why it’s important to set up controls that also include your third-party service providers. COSO provides a framework that can help you outline and implement a plan to identify, assess, respond, and monitor your risk.
The Protecting Americans from Tax Hikes Act of 2015 extends two key employment tax credits: the Work Opportunity Tax Credit (WOTC) and the empowerment zone tax credit. Details on the extensions in this Alert.
A ruling by an Illinois circuit court expands the state’s nexus standards such that out-of-state businesses may be subject to Illinois tax even if they don’t have a physical presence in the state. We cover the ruling in this Alert.
An amendment to FASB accounting standards eliminates the requirement to categorize certain investments within the fair-value hierarchy when fair value is measured using the practical expedient. This Alert covers the details and effective dates.
Many states require businesses to report and remit unclaimed property they hold or face penalties and interest. Through November 1, 2016, Washington’s amnesty and voluntary disclosure program gives businesses an opportunity to start fresh.
Texas trucking companies that paid the state’s franchise tax on fuel surcharge reimbursements may be able to claim a refund of that amount. We look at what practices may make your company eligible for a refund in this Alert.
Real estate dealers will need to calculate their limited liability company fees differently according to a legal ruling by the State of California Franchise Tax Board. Read more in our Alert.
The IRS issued final country-by-country (CbC) reporting regulations for US-based multinational enterprise groups, a product of the OECD and G20 countries’ base erosion and profit shifting project.
How the Coronavirus Aid, Relief, and Economic Security Act—the largest economic relief bill in US history for businesses and individuals—can support you.
On Wednesday, October 9, we hosted a webcast for health-care organizations worried about maintaining compliance in the face of strict fraud regulations, such as the False Claims Act, Stark Law, and Anti-Kickback Statute.
As year-end approaches and COVID-19 continues to impact plan governance and administration, you may be wondering how these events could impact your organization's employee benefit plans (EBP).
Join us for our annual EBP webcast, in which we’ll share insights from 2019 audits and potential implications for 2021.