Updated 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund
During the COVID-19 crisis, Form 941 was revised as new relief bills have offered opportunities for employers to qualify for credits and deferral of employment
IRS Issued Final Regulations on the GILTI High-Tax Exclusion
Are you a U.S. shareholder of a controlled foreign corporation (CFC)? The final regulation on Global Intangible Low-Taxed Income (GILTI) high-tax exclusion
Final 163(j) Regulations a Win for Manufacturers and Private Equity-Owned Businesses
In late July, the Internal Revenue Service (IRS) issued final regulations on Internal Revenue Code (IRC) Section 163(j) that limits the deductibility of
IRS Extends 2020 Rollover Period and Other Deadlines for Retirement Account RMDs
In March, the CARES Act provided taxpayers opportunity to skip this year’s (2020) required minimum distribution (RMD) from their retirement accounts.