The contours of plaintiff pleading requirements for ERISA fiduciary breach claims sketched by the Supreme Court in Hughes v. Northwestern University continue to evolve. Recent cases suggest that plaintiffs may
Continue Reading The Tide May Be Turning on Flood of ERISA Excessive Fee Class Actions
The Internal Revenue Service (IRS) announced a new pilot for retirement plans that became effective in June 2022. The 90-Day Pre-Examination Compliance Pilot gives retirement plan sponsors, who have been
Continue Reading IRS 90-Day Pre-Examination Compliance Pilot
The 70% employee retention credit for wages paid that Congress first enacted under the Coronavirus Aid, Relief, and Economic Security (CARES) Act will come to a premature end. Under the
Continue Reading Employee Retention Credit Terminated Early Retroactive to Oct. 1 by Infrastructure Act – No Penalty Relief or Time to Pay Back Advance Credit
Many small to mid-sized businesses are eligible under the existing employee retention credit (ERC) for a 70% tax credit for wages paid to employees through the end of 2021. However,
Continue Reading Possible Early End to Employee Retention Tax Credit Could Mean Trouble for Businesses Monetizing Credit Before End of 4th Quarter
Bradley R. Marsh and Colin W. Fraser, both shareholders in GT’s State and Local Tax (SALT) Practice, are included in an Aug. 11 Law360 Tax Authority article titled
Continue Reading Bradley Marsh and Colin Fraser Featured in Law360 Article, ‘Calif. Appeals Court Asked To Rethink Affirmation Of SF Tax Vote’
The pooled employer plan (PEP) and multiple employer plan (MEP) provisions are among the most important retirement plan features of the Setting Every Community Up for Retirement Plan Enhancement (SECURE)
Continue Reading PEPs and MEPs: Compliance and Fiduciary Considerations Under the SECURE Act
The American Rescue Plan Act of 2021 (ARPA) makes some material changes to the employee retention tax credit (ERC). The ERC was originally enacted under the Coronavirus Aid, Relief, and
Continue Reading The Employee Retention Tax Credit Under the American Rescue Plan Act
The American Rescue Plan Act of 2021 (ARPA), which was signed into law on March 11, 2021, provides substantial assistance in maintaining health care coverage for individuals who may have
Continue Reading American Rescue Plan Act of 2021 Provides Temporary Free COBRA Coverage for Certain Employees Affected by COVID-19
Welcome to the United States! Now it is time to pay your taxes. Equine professionals such as jockeys, showjumpers, trainers, or horse owners who travel to the United States to
Continue Reading U.S. Tax Issues for Equine Professionals
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