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Demystifying Tax Insurance
Tax Reform
Tax planning can be complex. It must balance tax efficiency with all other elements of financial planning required to meet a…
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Final Regs. on Deduction of Administration Expenses of Estates and Non-Grantor Trusts
Estate Taxation
On September 16, 2020, the U.S. Department of Treasury (“Treasury”) and the IRS released final regulations on the…
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Final Regulations Applying the High-Tax Exclusion to Global Intangible Low-Taxed Income
State Taxation
The IRS recently issued final and proposed IRC section 951A regulations relating to the treatment of “high-taxed” global…
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Remote Workers Beware: Potential Double Taxation Under the Convenience Rule
State Taxation
As the realities of COVID-19 are setting in, telecommuting arrangements have emerged as part of the new normal. A recent…
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FASB Proposes Clarifying That Derivatives Are Within Scope of Rate Reform Guidance
Trusted Professional
The Financial Accounting Standards Board exposure draft recently approved guidance the rate became suspect alternative…
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Interim Analysis of Critical Audit Matters Shows Mixed Results
Trusted Professional
An interim analysis Formally approved in 2017 the Auditor’s Report on an Audit of Financial Statements When the Auditor…
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Study Finds Black and Hispanic Workers Hit Harder by Pandemic Economy
NextGen
A pair of studies referenced by the New York Times shows that Black and Hispanic workers were more likely to have lost…
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Study: A Lot of Commuting Time Turned Into Work Time This Year
Trusted Professional
recent study per day said the Wall Street Journal
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Jobless Claims Dropped to 751,000; GDP Rose by Record Amount
Trusted Professional
The U.S. Department of Labor the previous week's total the U.S. Department of Commerce annualized 32.9 percent loss The New…
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