Tag: business tax

Trump vs. Biden Tax Plans
Comparing Trump & Biden’s Potential Tax Policies

Side-by-side snapshots of current and potential future tax policies of President Trump and Vice President…

Read More
Collaboration Arrangements in Life Sciences
Tax Considerations in Life Sciences Collaboration Arrangements

Collaborative agreements within the life sciences sector generally provide for three types of payments. To…

Read More
Tax Internal Controls
Year-End Income Tax Provisions: Are Your Internal Controls Ready?

This article offers high-level insights into certain areas where additional consideration should be given to…

Read More
Businesses Prepare for IRS Form 1099-NEC
Businesses: Prepare to Issue IRS Form 1099-NEC

Businesses that would typically provide a Form 1099-MISC to independent contractors (and certain others) and…

Read More
Remote Employees & Payroll Tax Exposures
Year-End Payroll Tax Withholding Exposure & Impact from Remote Employees

As year-end approaches, and many employees continue to work remotely, companies should again assess their…

Read More
Accounting Methods
Proposed Small Business Taxpayer Regulations Address Accounting Methods Simplification

The IRS released an advance copy of proposed regulations for small business taxpayers to implement…

Read More
State Reaction to CARES Act
State Legislative & Administrative Reactions to the CARES Act

Some CARES Act provisions that states have decoupled from include the increased business interest expense…

Read More
Reporting Capital on Schedule K-1
Two Proposed Methods for Reporting Tax Capital on Schedule K-1

IRS proposed two methods for partnerships to satisfy the tax capital reporting requirement for tax…

Read More
Strategic Tax Advisory
Looking to Boost Liquidity? Consider Changing Your Accounting Method

As businesses across all industries look for ways to reduce costs and increase liquidity, unique…

Read More
Tax Regulations - FDII and GILTI
The Treasury Issues Final Regulations for FDII and GILTI Deduction

Treasury issued final regulations that provide guidance regarding the deduction for foreign-derived intangible income (FDII)…

Read More