Articles
IRS Issues Advisory and Opinion Letters for 403(b) Plans
The IRS has begun issuing Advisory and Opinion Letters approving prototype and volume submitter plan documents for Section 403(b) plans. Several vendors who provide document preparation services have announced that they have received the necessary approval from the IRS to prepare and issue these plan documents.
House Passes American Health Care Act to Replace the Affordable Care Act
On Thursday, May 4, 2017, the House of Representatives voted to approve the American Health Care Act (AHCA), H.R. 1628, by a slim margin vote of 217 to 213. If enacted, the AHCA would repeal and replace major pieces of the Patient Protection and Affordable Care Act.
Sales Tax Filing Obligation without Physical Presence: New Reality for Retailers
Can states ignore a U. S. Supreme Court decision in order to raise additional tax revenue?
Key Components of Trump’s Tax Plan Unveiled
Gary Cohn, Director of the National Economic Council, and Steven Mnuchin, Secretary of the Treasury, unveiled a high-level overview of President Trump’s tax plan.
Outlook and Trends
We recently completed our annual survey of private equity groups in the Northeast and Mid-Atlantic (fund size under $1 billion) and some interesting things emerged.
Vendor Tax Compliance: What You Need To Know
We recently received an increasing number of inquiries regarding tax compliance with respect to payments to vendors — and, especially, foreign vendors.
SEC Responds to No-Action Relief from the Custody Rule for Advisers with SLOAs
By now, advisers and others within the investment community are familiar to some degree with the amendments to Rule 206(4)-2 under the Investment Advisers Act of 1940 (the “Custody Rule” or the “Rule”).
New York Combined Return Rules Begin to Gain Clarity
In the last 30 years, perhaps the most contentious New York corporate tax issue centered on which entities should be included in a New York combined return.
The Five Pillars of Family Office Success
By Gemma Leddy, CPA Anyone close to the family office world knows the operational landscape has changed dramatically over the last […]
Due Diligence: Four Questions to Make Smarter Acquisitions
Private equity firms, lenders, lawyers and other interested parties conduct due diligence to kick the tires on a potential transaction or target acquisition.