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Learn MoreThe U.S. Court of Federal Claims recently determined that a U.S. couple living abroad could claim a foreign tax credit against the tax liability imposed by the net investment income (NII) tax. This is a significant decision for taxpayers living outside of the U.S., as it means those with foreign tax...
Read More** This blog was last updated 12/6/23 ** Congress passed the Corporate Transparency Act of 2021 (CTA) to enhance transparency and combat illicit activities such as money laundering, terrorism financing and tax evasion. As part of this legislation, some businesses may soon be required to report...
Read MoreCohen & Company is pleased to announce Nick Antonopoulos, CPA, has joined the firm’s Chicago office as a managing director in the Assurance Practice.
Read MoreWhat does it mean to have your books in order before you sell your company? Everything. When it's time to sell your business, you've likely invested great effort and resources into making it a valuable asset. However, inadequate accounting practices can significantly diminish the perceived value...
Read MoreCohen & Company has been recognized as the “Best ETF Auditor” by the ETF Express U.S. Awards for the third consecutive year.
Read MoreCharitable giving has been a part of our society since ancient times, dating back to when the Egyptians built the pyramids. But it was only in 1954 that the modern tax code caught up and began recognizing public charitable organizations — vehicles bringing critical aid to those in need — as...
Read MoreAsset managers have shown increasing interest in retail funds with private real estate portfolios over the last few years. Many of these funds are registered with the SEC under the Investment Company Act of 1940 as interval or tender offer funds. Placing certain asset classes, like real estate or...
Read MoreOn Thursday, October 19, 2023, the IRS released the process for certain taxpayers who wish to withdraw previously filed ERC claims. This comes on the heels of the IRS announcement last month that they were halting the processing of future claims until at least the end of 2023. If you no longer...
Read MoreIn our current volatile market, there is a greater likelihood that events occurring after the close of foreign markets, but prior to the close of U.S. markets, will impact the valuation of securities. Specifically, funds that invest in international securities could be subject to market timers...
Read MoreAs the accounting profession continues to evolve, it’s more important than ever for firms to connect with and support their employees. Stacey Rodgers was recently a guest on the “HR Like a Boss” podcast with John Bernatovicz, where she discussed her career path from auditor to executive...
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