Taxes
Refund for Restaurants? New Georgia Regulations Clarify Sales Tax Rules
The Georgia Department of Revenue has issued a new regulation that clarifies the sales and use tax rules for restaurants…
Look-Through Rule Under I.R.C. Section 954(c)(6) Is Extended
The President signed The Tax Increase Prevention Act of 2014 on December 19, 2014. The new Public Law No. 113-295 (H.R….
International Payroll for Compensation of U.S. Expatriates and Impatriates
A U.S. company may face international payroll challenges when it sends U.S. employees to work in a foreign country or…
Managing the Chart of Accounts in QuickBooks
Getting the most from QuickBooks financial reports relies heavily on the structure from which the reports are built. The chart…
IRS Issues Tax Relief for U.S. Citizens and Residents with Canadian Retirement Plans
In Revenue Procedure 2014-55, issued on October 7, 2014, the IRS provided tax relief for U.S. citizens and residents with…
G Election Trues Up Timing to Recognize CFC & PFIC Income for Net Investment Income Tax
The “G” election, provided for under U.S. Treas. Reg. Section 1.1411-10(g), impacts U.S. direct and indirect individual shareholders of controlled…
New 60-day IRA Rollover Rules Spell Trouble for Some
Early this year, the U.S. Tax Court made a surprise ruling (Bobrow v. Commissioner) related to the 60-day IRA rollover…
The IRS Audit Risk Profile of Section 409A is Changing
Is your company prepared? By Mitchell Kopelman, partner-in-charge of Tax If your company has issued or is planning to issue…
IRS Issues New Transfer Pricing Audit Roadmap
The IRS released a Transfer Pricing Audit Roadmap on February 18, 2014. The Roadmap, which was issued through the IRS…
Tax Alert: IRS Issues New Passive Foreign Investment Company Regulations and Revises Form 8621 PFIC Information Return Instructions
On December 30, 2013, the IRS issued Treasury Decision 9650, which includes new temporary regulations under Treas. Reg. Sections 1.1291-1T…