New Form 5472 Filing Requirement for U.S. Disregarded Entities Owned by a Foreign Person
On December 13, 2016, the IRS issued new regulations (T.D. 9796) that requires U.S. disregarded entities…
New Controlled Foreign Corporation Constructive Ownership Rule
The Tax Cuts and Jobs Act enacted in December 2017 changed a constructive ownership rule that…
The New Lease Standard – Key Takeaways From the Lessee Perspective
The new lease accounting standard issued by the Financial Accounting Standards Board (FASB) in 2016 was…
Volunteering—More than a Tax Deduction
Medical professionals in the D.C. Metro area are well known for their generosity to a wide…
Parking and Metro Fare Benefits Subject to Unrelated Business Income Tax
Action Item: Do You Need to Make Estimated Payments? Before April 15th, 2018 all nonprofits need…
Online Donations for Churches
With the electronic age in full swing, many churches are moving to electronic platforms to reach…
Don’t Be Fooled By R&D Credit Misconceptions…Get In On The Benefits!
As tax professionals currently find themselves working on 2017 tax returns, now is the time for…
Lost Retirement Plan Participants Continue to Pose Challenges for Employers
The Department of Labor (DOL) and IRS have become increasingly concerned that lost and missing retirement…
Forming a PAC: The Relationship Between Associations and Politics
Advocacy work is an important part of most associations. Executive leaders and staff members of associations…
GSA Issues Final Commercial Supplier Agreement Rule – Will This Improve the Current Process?
Commercial Supplier Agreements (CSAs) have long been a thorn in the General Services Administration’s (GSA) side.…