Internet Domain Names: Capitalization or Amortization?


By Mike Winsko

In a recently issued Chief Counsel Advice Memorandum (CCA 201543014), the IRS has concluded that costs incurred by a taxpayer to acquire internet domain ... read more >

The EBSA Looks to Accelerate Plan Compliance


By Todd Lucas

The Employee Benefit Security Administration (EBSA) recently began sending letters to 1,200 plan sponsors whose 2014 Form 5500 filings did not contain ... read more >

The Cadillac Tax: "The burden is expected to fall on wages"

Conclusions reached by a recent Congressional Research Service (“CRS”) report state that, although the Cadillac tax is imposed on insurers ... read more >

Passive Activity Losses Related to Real Estate Activities

Real Estate|Tax

By Megan Leo

Generally speaking, passive activities result from a business activity in which you do not materially participate. Any losses resulting from passive activities ... read more >

Facebook CEO Mark Zuckerberg to Donate Fortune to Charity

Facebook’s Mark Zuckerberg and his wife, Dr. Priscilla Chan, celebrated the birth of their first child during Thanksgiving week. In an open letter ... read more >

All I Want for Christmas Is My Tax Extenders


By Evan Ogrodnik

‘Twas three weeks before the New Year and all through the land, no one was quite sure where the tax extenders stand. Men and women of Congress work ... read more >

Residential Land Developers and the Completed Contract Method of Accounting

Under IRC Section 460(e), taxpayers that have large home construction contracts could defer taxable income until 95% of estimated costs have been incurred. ... read more >

A Few Reminders from the DOL on Appropriate Plan Operations


By Patrick Kerns

Often, some of the most helpful tools can be hiding in plain sight! The United States Department of Labor has an informative Frequently Asked Questions ... read more >