Search results
Proposed Regulations May Mitigate Certain US Tax Reporting Obligations for Some US Taxpayers | JD...
JD Supra· 3 days agoe., non-U.S.) company, be a beneficiary of a foreign trust, or receive...US friends or family members. United States federal tax law imposes cumbersome ...
Weekly IRS Roundup May 6 – May 10, 2024
The National Law Review· 1 day agoRevenue Ruling 2024-09, which provides the May 2024 applicable federal rates. Notice 2024-35, which provides guidance related to certain specified...
Significant civil and criminal tax penalties for non-reporting of cryptocurrency transactions
Reuters· 1 day agoOn Aug. 29, 2023, Treasury and the IRS published proposed regulations that, if finalized, will require brokers (including digital asset trading platforms, digital asset payment ...
Tax Liability Insurance: Overview & 2024 Market Update | JD Supra
JD Supra· 4 days agoRepresentations & Warranties Insurance (RWI) will cover breaches of tax covenants that were unknown and occurred prior to the acquisition. Compromising tax
Five Things on the Department of Labor’s Radar for Employee Benefit Plans
The National Law Review· 1 day agoThis article discusses some of these requirements and related guidance issued by the DOL, the...
The Corporate Transparency Act: A Reporting Guide for Medical Groups and MSOs
The National Law Review· 3 days agoBroadly speaking, the CTA requires that any entity that qualifies as a “reporting company” file a...
JD Supra: Retirement Lost & Found: DOL Proposes Voluntary Reporting
JD Supra· 9 hours agoConsequently, DOL has issued a proposed procedure (the “Proposal”) to collect data directly from plan administrators on a voluntary basis via a new filing...
Ex-corporate lawyer to plead guilty to not paying federal taxes on $3.4 million of income
Gannett via AOL· 5 days agoLentzen's attorney did not return calls for comment Friday. Contact Cary Spivak at (414) 550-0070 or cspivak@jrn.com. Follow him on Twitter at @cspivak. This...This article ...
What is the Work Opportunity Tax Credit (WOTC)?
TheStreet.com· 1 day agoLearn how the Work Opportunity Tax Credit (WOTC) can benefit your business with up to $9,600 credit per qualified employee. A business may be eligible for the WOTC if it hires ...
Questions Regarding Offshore Accounts and FBAR Filing Requirements | JD Supra
JD Supra· 2 days agoWhat is an FBAR? FBAR stands for the Report of Foreign Bank Accounts and refers to Form FinCEN 114.US taxpayers are required to electronically file an FBAR with the US Financial ...
