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Learn MoreTo combat the negative financial effects of the COVID-19 pandemic on working Americans, President Trump signed into law The Families First Coronavirus Response Act. In addition to multiple provisions aimed at expanding protections for employees who cannot work due to the COVID-19 virus, the Act...
Read MoreOn Wednesday, March 18, 2020, the IRS issued Notice 2020-17 to permit a deferral of certain federal tax payments due on April 15, up to a limit. The general framework had been described on March 17 by Treasury Secretary Steven Mnuchin at a White House COVID-19 press conference, but the final...
Read MoreCash is the lifeblood that supports day-to-day business operations. Near limitless access to capital and liquidity fueled a decade of growth, while illiquidity catapulted the economy into the financial crisis of 2007-2009. Regarding the broader economy, the ease of access to liquidity directly...
Read MoreWith presidential primaries fighting for news coverage during the rapidly evolving coronavirus pandemic, it feels like we are at a transitional moment for society and business. Public gatherings are being cancelled, schools are switching to online curriculums and the impact to political voting...
Read MoreYour Schedule K-1s being filed this year may look very different from last year, particularly for private equity and investment industry funds. Toward the end of 2019, the IRS issued a new Schedule K-1 Form (Form 1065) that aims to gather more information from partnerships than ever before. The...
Read MoreDespite the hype surrounding data science and analytics, there is a disconnect between the positive perception many seem to have of analytics and the number of companies actually using them. This is especially true in supply chain, where analytics, Internet of Things (IOT) and Industry 4.0 has the...
Read MoreAre you the fiduciary of your organization’s employee benefit plan? If so, do you fully understand what that means? More often than not, many don’t. But it’s important to know what is required of you as a fiduciary and of the company to avoid any potential pitfalls, and liabilities, in this very...
Read MoreMany businesses have stretched the definition of “marketing” to claim some questionable federal income tax deductions. A recent case involving a real estate developer illustrates how the IRS — and the U.S. Tax Court — generally see through these tactics. An Entrepreneur’s Claims The court...
Read MoreIn late 2019, the first substantial legislation related to retirement savings since 2006 became law. The Setting Every Community Up for Retirement Enhancement (SECURE) Act brings numerous changes to the retirement and estate planning landscape, and some of them should prompt careful review of your...
Read MoreIt is hard to overstate the ingenuity and volatility experienced through the digital markets since the first cryptocurrency, Bitcoin, was created in 2009. That volatility, and possibly the limited investor base, has created a unique situation for investment companies holding digital assets — a mixed...
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