On Jan. 13, 2021, Shareholder Glenn Newman presented on a Risk Strategies panel titled “Perspectives on Sales Tax Compliance Post-Wayfair.” Click here to listen to the recording.
Continue Reading Glenn Newman Presents on Risk Strategies Panel: “Perspectives on Sales Tax Compliance Post-Wayfair”
Shareholder Marvin Kirsner, co-chair of the firm’s State & Local Tax (SALT) Practice, has been recognized as a 2020 “Go-To Thought Leader” for Tax Law. Marvin focuses on corporate,
Continue Reading Marvin Kirsner Recognized as National Law Review ‘Go-To Thought Leader’ for Tax Law
The Coronavirus Disease 2019 (COVID-19) stimulus package signed into law by President Trump on Dec. 27 contains significant enhancements to the employee retention tax credit enacted under the CARES Act.
Continue Reading Employee Retention Tax Credit Enhanced and Extended by COVID-19 Stimulus Package
On Dec. 21, 2020, Congress passed a COVID-19 relief bill (the Consolidated Appropriations Act, 2021) including the Taxpayer Certainty and Disaster Tax Relief Act of 2020, which would provide much-anticipated
Continue Reading Taxpayer Certainty and Disaster Tax Relief Act of 2020: Spotlight on the Proposed Extensions of Certain Alternative Energy Tax Credits
On 16 November 2020, the Dutch government published a protocol to amend the “Convention between the Kingdom of the Netherlands and the Republic of Poland for the elimination of double
Continue Reading Polish-Dutch Protocol to Revise Income Tax Convention
On Dec. 16, 2020, New York legislation was submitted to impose an unincorporated business tax (UBT) on partnerships and limited liability companies that are treated as partnerships for federal tax
Continue Reading Proposed New York State Unincorporated Business Tax Provides SALT Limitation Workaround
With the possible advent of widespread regional Coronavirus Disease 2019 (COVID-19) lockdowns around the United States, it is an appropriate time for a reminder about the availability of the 50%
Continue Reading Employee Retention Tax Credit Available to Businesses Because of New Lockdowns
On Nov. 9, the IRS may have endorsed a workaround to the $10,000 cap on state and local taxes when it comes to state and local taxes paid by passthrough
Continue Reading IRS Endorses State and Local Tax Deduction Cap Workaround
On Oct. 22, 2020, the IRS announced it is offering a second time-limited settlement initiative to certain taxpayers who participated in abusive micro-captive insurance transactions and who currently are under
Continue Reading Second Round of Micro-Captive Insurance Settlements Provides Stricter Terms
Taxpayers are generally limited in their options for contesting state and local tax matters. The statutes imposing income, corporate, sales and property taxes prescribe the steps to be taken and