ThomsonReuters

MARCH 5, 2024

tax system, including provisions affecting both individuals and businesses. “The TCJA, like most big tax laws, is like the spokes of a wheel,” John Rose, J.D., Director of Federal Tax Quality Control at Aprio, began. “The TCJA, like most big tax laws, is like the spokes of a wheel,” John Rose, J.D.,

Compliance 98

Compliance Start-ups 98

ThomsonReuters

APRIL 25, 2024

When it comes to navigating the tax landscape of 401(k) contributions and withdrawals, it’s important for accountants to stay informed and help clients make tax-efficient decisions during their retirement years. Jump to: Is a 401(k) pre-tax? Is there a 401(k) inheritance tax? Is there a 401(k) inheritance tax?

Compliance 52

Compliance 52

National Law Review M&A

AUGUST 29, 2023

Louis Lehot Eric Chow Jurisdiction: All Federal Type of Law: Tax Mergers & Acquisitions Corporate & Business Organizations Financial Institutions & Banking Special highlight:

Banking 52

Banking 52

National Law Review M&A

JUNE 8, 2022

Schultz Jurisdiction: All Federal Type of Law: Biotech, Food, Drug Mergers & Acquisitions Corporate & Business Organizations Insurance Reinsurance & Surety Tax

Mergers & Acquisitions 84

Mergers & Acquisitions 84

National Law Review M&A

AUGUST 31, 2022

Hochenberg Jurisdiction: All Federal Type of Law: Corporate & Business Organizations Mergers & Acquisitions Tax Special highlight: Orlanski Andrea S Rattner David B. Teigman Malcolm S.

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78

ThomsonReuters

JULY 10, 2023

Jump to: What is use tax? Sales tax vs. use tax Summary Sales tax and use tax are important sources of revenue for the government but properly calculating, collecting, and reporting these taxes can quickly get complicated. What is use tax? How does use tax work? What is nexus?

Compliance 98

Compliance Marketability 98

National Law Review M&A

SEPTEMBER 15, 2022

Aarathi Das Harman Khorana Afaan Arshad Nishchal Joshipura Jurisdiction: India Type of Law: Corporate & Business Organizations Mergers & Acquisitions Tax Global Special highlight:

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79

National Law Review M&A

JUNE 15, 2022

Louis Lehot Natasha Allen Jurisdiction: All Federal Type of Law: Financial Institutions & Banking Mergers & Acquisitions Tax

Equity 82

Equity Banking 82

ThomsonReuters

FEBRUARY 6, 2024

Jump to: What is direct tax? Examples of direct tax Understanding tax provision Understanding state apportionment Differences between direct and indirect taxes When a taxpayer must pay taxes directly to the government, meaning the taxes cannot be shifted to other entities or individuals, it is known as direct tax.

Compliance 52

Compliance Finance 52

ThomsonReuters

DECEMBER 19, 2023

Jump to: How do renewable energy tax credits work? What renewable energy tax incentives does the IRS offer for individuals vs. businesses? Overview of clean energy credits by energy type Helping clients with renewable energy credits In recent years, the U.S. How do renewable energy tax credits work?

Start-ups 110

Start-ups Compliance Technology Finance 110

ThomsonReuters

MARCH 5, 2024

How to file Form 1042-S The importance of Form 1042-S Form 1042-S , an essential information return in the realm of tax reporting, serves as a meticulous record of income paid to foreign individuals and entities. Form 1042-S provides a comprehensive summary of income paid to foreign persons and the amount of tax withheld. tax return.

Compliance 52

Compliance 52

Peak Business Valuation

MARCH 2, 2024

Who likes overpaying for taxes? Most individuals want to pay exactly what they owe in taxes—no more, no less. Equipment appraisals play a crucial role in tax reporting. These valuations provide businesses with the understanding necessary for tax compliance and optimization. To this day, we have not met anyone who does.

Appraisal 52

Appraisal Business Valuation Compliance Fair Market Value 52

ThomsonReuters

JULY 6, 2023

If you’re a tax and accounting professional, you’ve likely found yourself answering numerous questions related to your clients’ tax returns. Whether it’s advising on residential energy tax credits or restructuring a partnership, your knowledge and expertise beyond the tax return are valuable.

Accounting Firms 98

Accounting Firms Finance Start-ups Mergers & Acquisitions 98

ThomsonReuters

JULY 10, 2023

Jump to: What is sales tax? What is use tax? Sales tax vs. use tax Summary Calculating, collecting, and reporting sales tax and use tax can get complicated as a business grows, and it can be easy to confuse these two types of indirect taxes. What is sales tax?

Compliance 97

Compliance 97

National Law Review M&A

FEBRUARY 10, 2023

Choundas Jurisdiction: All Federal Type of Law: Corporate & Business Organizations Mergers & Acquisitions Tax Raj Tanden Marina A.

Banking 52

Banking 52

ThomsonReuters

OCTOBER 12, 2023

expats pay taxes? Paying taxes on money earned abroad Avoiding double taxation Helping clients who live abroad with their taxes U.S. income tax returns, just like individuals living in the United States. However, the tax obligations for expats can be different and more complex due to their international status.

Compliance 75

Compliance Banking 75

ThomsonReuters

JULY 21, 2022

If we switched to an HDHP/HSA, could our employees receive tax-free reimbursements for the same types of expenses from their HSAs? Like health FSAs, HSAs can provide tax-free reimbursement of out-of-pocket expenses for medical care as defined in Code § 213(d). Some taxable distributions may also be subject to a 20% excise tax.

105

105

ThomsonReuters

NOVEMBER 15, 2023

Boat donation tax deduction What is the cost basis for non-cash charitable contributions? Tax deduction for donation of clothing What are the rules for non-cash donations? Can donated services be tax deductible? taxpayers are accurately valuing their noncash contributions and claiming the appropriate tax deductions.

Fair Market Value 98

Fair Market Value Appraisal Compliance Marketability 98

ThomsonReuters

SEPTEMBER 8, 2023

Jump to: What are the main types of business ownership? Choosing the right business structure for entrepreneurs Business owners can structure their companies in several different ways , depending on the size of the business, its growth potential, how the business is managed, how the owners want to be taxed, and many other variables.

Start-ups 75

Start-ups Compliance Dividends Business Enterprise 75

Viking Mergers

FEBRUARY 27, 2023

tax code can be dense and confusing, especially for businesses. Although we cannot advise on your taxes, Viking Mergers & Acquisitions can connect you with a qualified tax professional. Although we cannot advise on your taxes, Viking Mergers & Acquisitions can connect you with a qualified tax professional.

Start-ups 130

Start-ups Banking Marketability Technology 130

Reynolds Holding

SEPTEMBER 26, 2023

Currently, there is a relatively small tax base and a small number of taxable transactions within the metaverse. Taxation of the metaverse can also untap a significant revenue source and help avoid the risk of the metaverse’s becoming a tax haven. The next step would be to determine the tax base. One is size.

Marketability 105

Marketability Compliance 105

ThomsonReuters

DECEMBER 8, 2023

Generative AI is a type of artificial intelligence technology that can produce various types of content, including text, imagery, and audio. With predictive analytics, AI can flag potential tax or non-compliance risks, provide recommendations to avoid legal ramifications, and predict violations before they occur. Compliance.

Accounting Firms 108

Accounting Firms Compliance Technology Marketability 108

ThomsonReuters

JUNE 30, 2022

Previously, a federal trial court and the Fifth Circuit appellate court had each ruled that the law was unenforceable based on the Court’s precedents establishing a constitutional right to abortion up to the point of fetal viability (primarily Roe v. Wade , 410 U.S. 113 (1973) and Planned Parenthood of Southeastern Penn.

Compliance 98

Compliance 98

ThomsonReuters

DECEMBER 20, 2020

What is the difference between sales tax and value-added tax (VAT)? Both sales tax and VAT are types of indirect tax – a tax collected by the seller who charges the buyer at the time of purchase and then pays or remits the tax to the government on behalf of the buyer. Sales tax vs. VAT overview.

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119

ThomsonReuters

APRIL 18, 2023

A DOL determination would have “ no direct impact on tax withholding,” Lebowitz noted. Wage garnishments can pose a significant compliance burden for employers and can prove especially difficult given that requirements vary by type of jurisdiction and the type of debt. How are payroll tax payments made? Who makes them?

Compliance 107

Compliance Technology 107

Concannon Miller

JUNE 2, 2022

Important: Laws regarding noncompete agreements vary from state to state. For example, courts in California generally reject noncompete agreements because state law makes them unenforceable except in limited circumstances. Noncompete agreements have important tax implications. Here are the details.

52

52

ThomsonReuters

OCTOBER 12, 2023

Tax implications for owning property abroad What is FATCA? Helping clients with foreign income tax forms For U.S. To support this effort, forward-thinking accounting firms are increasingly using tax preparation software and scan-and-populate solutions to tackle the challenges of foreign income reporting. What is FEIE?

Dividends 40

Dividends Compliance Banking Accounting Firms 40

ThomsonReuters

FEBRUARY 9, 2022

Typically, when an employer needs to terminate an employment relationship with workers, the employer’s unemployment tax rate for the following year may increase. If a state does not repay these loans within around two years, the Federal Unemployment Tax Act (FUTA) tax credit for employers in those states is reduced.

Start-ups 98

Start-ups Accounting Firms 98

Peak Business Valuation

APRIL 20, 2024

What Types of Automotive Machinery and Equipment Does Peak Appraise? Automotive Equipment Appraisals for Tax Reporting Lastly, automotive equipment appraisals are essential for tax reporting purposes. This can involve tax deductions, depreciation calculations, and compliance with regulatory requirements.

Appraisal 52

Appraisal Business Valuation Compliance Start-ups 52

ThomsonReuters

JULY 1, 2022

In certain cases, an employer may wish to pay an employee’s federal income tax withholding (FITW) and FICA (Social Security and Medicare) taxes without deducting them from the employee’s pay or getting a reimbursement from the employee. It also includes withholdings for employee retirement systems required by law.

Start-ups 83

Start-ups 83

ThomsonReuters

FEBRUARY 9, 2023

As accountants, there’s no way to avoid the hectic nature of tax season. How can I make my tax season easier? From carving out dedicated personal time to implementing time-saving tools and technology, let’s take a look at three ways you can shift out of survival mode and thrive not only during tax season but all year long.

Start-ups 59

Start-ups Accounting Firms Technology Compliance 59

ThomsonReuters

DECEMBER 1, 2023

Therefore, helping business clients save money and reduce their tax burden by expensing property they’ve purchased for their company and claiming deductions for  depreciation  or  amortization  of assets is critical. Under the Tax Cuts and Jobs Act (TCJA), the 100% write-off of eligible property expired Dec. What is Form 4562?

Intangible Assets 97

Intangible Assets 97

ThomsonReuters

MAY 12, 2022

What triggers a sales tax audit and how do you reduce the risk of an audit? Almost all companies undergo a sales tax audit at some point. This sales tax audit guide can help indirect tax teams avoid common audit triggers and manage the sales tax audit as smoothly as possible. What is a sales tax audit?

Compliance 105

Compliance Technology 105

ThomsonReuters

NOVEMBER 15, 2023

Jump to: Do charities get tax exemptions? How to file taxes for nonprofits What are the 501(c)(3) reporting requirements? Helping clients with Form 990 and charity exemptions Charities and nonprofits must comply with tax obligations in order to maintain their tax-exempt status. Do charities get tax exemptions?

Compliance 52

Compliance Finance 52

ThomsonReuters

JULY 6, 2023

Business advisory services capitalize on the unique insight of accounting firms to make a profitable shift from serving clients as a once-a-year tax compliance processor to a year-round strategic business advisor. Today, technology can automate the entire tax compliance workflow. What are business advisory services?

Accounting Firms 98

Accounting Firms Start-ups Compliance Mergers & Acquisitions 98

Shephard Mullin M&A

JULY 12, 2023

This type of transaction is particularly common in the technology and software industries, where key talent can often be more valuable than the underlying product or service, although it has become more prevalent in other industries as well. Below are just some of the issues that often come into play.

Start-ups 52

Start-ups EBITDA Technology 52

ThomsonReuters

APRIL 18, 2024

Jump to: Identify weaknesses in your firm’s workflow Evaluate technology and tools Create and document a new workflow process Evaluating future tax workflow bottlenecks What works today may not work tomorrow. Worse yet, it could possibly lead to your firm inadvertently breaking the law or running afoul of industry regulations.

Technology 52

Technology Accounting Firms 52