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2021 Retirement Plan Limitations

Review the recently released cost-of-living adjustments (COLA) as released by the Internal Revenue Service, taking effect January 1, 2021.

EU Provides Guidance on the New E-Commerce VAT Rules

Learn more about how the European Commission recently issued new guidance for the application of the new VAT legislation.

Projected Estate and Gift Tax Changes Announced by the IRS for 2021

Learn more about the projected Estate and Gift Tax Changes Announced by the IRS for 2021.

The IRS Wants to Verify Your Identity—Wait, Is This a Scam?

Learn more about tax payer identification and whether or not IRS Letter 5071C is legitimate.
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S Corporation Rollover Equity – Involve Your CPA Early and Often

Learn more about structure considerations to make when selling your closely held or family-owned business.

Ransomware Attack Disrupts Popular Sports Gambling Sites

Why did the ransomware attack on Stats Perform impact Fanduel and Draftkings? Learn about the answer to this important question

FASB Issues Accounting Standards Update for Not-for-Profit Entities on Contributed Nonfinancial Assets

Learn more about the Lease Accounting Standards Update released by FASB and its impact on companies.
International, Tax
Vicky Lu | 10.29.2020

IRS Releases New Proposed Partnership Schedules (K-2 and K-3) for International Tax Reporting

Learn more about the new proposed partnership schedules for international tax reporting released by the IRS.
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Ransomware Victims May Now Face Federal Fines

Learn about the (OFAC) advisory outlining potential fines companies who pay or facilitate ransomware payments may face.

2020 Election from a Tax Perspective

With the presidential election about two weeks away, we wanted to highlight President Trump and Democratic presidential candidate Joe Biden’s tax
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