Insights

Blog

U.S. Taxpayers Subject to Foreign Digital Economy Taxes without Physical Footprint

Historically, certain types of foreign taxes in a foreign country may not have applied to U.S.... more
March 1, 2021
Blog

Maryland’s RELIEF Act Expands Pass-through Entity Tax Election to Apply to Nonresidents

On February 13, 2021, the Maryland legislature approved Governor Larry Hogan’s Recovery for the... more
February 22, 2021
Blog

Maryland’s RELIEF Package Provides Sales Tax Credit for Small Businesses of up to $12,000

By Michael Colavito and Leighton Regis On February 13, 2021, the Maryland legislature approved... more
February 17, 2021
Blog

Maryland Legislature Overrides Governor’s Veto to Enact Digital Advertising Tax and Sales Tax on Digital Products

Maryland has become the first state in the country to enact a tax specifically imposed on digital... more
February 16, 2021
Blog

International Tax M&A Due Diligence for U.S. Government Contractors

Many U.S. government contracting companies are continuing to expand their global footprint by... more
February 12, 2021
Blog

How to Handle Missing or Lost Retirement Plan Participants

Missing or lost retirement plan participants has been an issue for employers for many years with... more
February 12, 2021
Form

2020 Form 1041 K-1 Instructions

For the latest information about developments related to Form 1041 and Schedules A, B, G, J, K-1... more
February 5, 2021
  • By:
  • Aronson
Form

2020 Form 1120S K-1 Instructions

For the latest information about developments related to Schedule K-1 (Form 1120S) and its... more
February 5, 2021
  • By:
  • Aronson
Blog

When to File CFC Interest Expense Limitation Elections

The TCJA U.S. Federal tax reform legislation enacted a business interest expense limitation... more
February 4, 2021
Blog

New International Tax Reporting Required with Partnership and S Corporation Tax Returns

In recent years, the IRS has continued to emphasize U.S. international tax reporting as a high... more
January 29, 2021
Blog

S Corporation Acquisitions with Foreign Target Corporations

There are a couple of different structuring options for the acquisition of an S corporation.  A... more
January 29, 2021
Blog

U.S. Government Contractors and Foreign Branch Reporting on Form 8858

Beginning with the tax year 2018, the IRS now requires U.S. taxpayers to file the U.S. federal Form... more
January 29, 2021