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DoD Expands Opportunities for Quick Closeouts

Contractors with flexibly-priced contracts typically endure a lengthy and costly closeout process involving incurred costs submissions

U.S. Government Contractors and Cross-Border Payroll Tax Issues

The cross-border global expansion of business activities continues to increase exponentially in the U.S. government contracting

Inherited an IRA? It’s Not Always 100% Taxable

Beneficiaries of an inherited individual retirement account (IRA) are typically not privy to the income tax

Legislative Changes to Retirement Savings

Bipartisan legislation that would make several significant changes to retirement planning is making its way through

Guidance Issued on Calculating and Reporting the QBI Deduction for Tax-Exempt Trusts

The IRS has issued guidance to tax-exempt trusts with unrelated business income, which claim the §199A