IRS Clarification of Final BEAT Regulations
On September 1, 2020 the IRS and the Department of the Treasury released final regulations for Section 59A – the base erosion and anti-abuse tax (BEAT), providing additional guidance on its application.
Insights
Are In-House Research Expenses Paid from Paycheck Protection Program (PPP) Loan Proceeds (That Qualify For Loan Forgiveness) Eligible for the IRC Section 41 Research Tax Credit
Are In-House Research Expenses Paid from Paycheck Protection Program (PPP) Loan Proceeds (That Qualify For Loan Forgiveness) Eligible for the IRC Section 41 Research Tax Credit
Respect, Safeguard, and Value Your Time, Your Most Precious Commodity
During an interview with Bill Gates and Warren Buffett a few years ago, Gates was asked what he has learned from his fellow billionaire. Gates discussed the time Buffett showed him his paper appointment book, which was mostly empty.
How Client Accounting Services (CAS) Take Financial Functions Off Your Plate
When everyone began working from home because of the COVID-19 pandemic, many businesses saw firsthand how difficult it is to function effectively each day without access to reliable accounting and financial services and expertise.
Collect Art? Make Sure Your Estate Plan Addresses It
ABSTRACT: For art collectors, it's critical that their estate plans address their collections separately from other types of assets. That's because there are special appraisal and documentation rules for art. Collectors also need to decide
International Tax Planning for Accessing Cash and Reducing US Tax in 2020
Accessing Cash from CFC or non-CFC Foreign Subsidiary. If you have liquidity needs and own one or more foreign subsidiaries, it may be possible to access cash held by the CFC in a tax-efficient manner.
How to Approach Goal Setting to Drive Growth and Success
In Stephen Covey’s book, 7 Habits of Highly Effective People, this is habit number two. The idea is that the activities of an individual or organization should be driven by the end goal. What are you trying to
What Will The Indian Economy Look Like Post COVID-19?
Recently, the rating agency Fitch said the coronavirus pandemic has significantly weakened India’s growth outlook for this year and exposed the challenges associated with a high public-debt burden. Matching Moody’s view, it has downgraded
Key Considerations as Nonprofits Shift to Online Fundraising
The coronavirus pandemic has created a massive shift in the daily operations of all nonprofit organizations globally. If your mission is not directly related to the pandemic relief it may be challenging to convince your donors that your
Paycheck Protection Program Flexibility Act of 2020: What You Need To Know
Join Partners Robert O. Mayer and Edward P. Rigby on Tuesday, July 21st, at 12:00 pm ET as they discuss the highlights of the PPP Flexibility Act, including the extension of the covered period, reduction in payroll requirements,