In late March, the UK government published the 2012 Finance Bill enacting tax measures announced in the budget a week earlier, with a number of measures that could impact someone considering a move to the UK or a current… read more
Amid the intense market volatility seen over the last several years, investors are looking for ways to mitigate adverse portfolio fluctuations. Hedge funds, with their historically low correlation to traditional asset classes,… read more
When public companies release their financial statements, investor expectations are that the financial statements are accurate and can be relied upon for making investment decisions. Companies’ financial statements… read more
A recent Tax Court decision emphasizes the importance of planning and proper attention to detail when drafting purchase price agreements, including cost segregation studies. read more
In lieu of the three year period that normally applies to filing amended tax returns, taxpayers have generally had 10 years to decide whether to deduct or credit foreign taxes paid (or deemed paid). read more
Five years into the revised New York combined reporting system there is still little guidance and many questions remain, even after answers in the April, 2007 law change. read more
The financial press is abuzz with all the latest announcements from IRS about calls for increased enforcement of the nation's tax laws. IRS recently announced they have reviewed or audited nearly a third of all tax returns… read more
The Hiring Incentives to Restore Employment (HIRE) Act in 2010 includes the Foreign Account Tax Compliance Act (FACTA), which requires certain individual taxpayers to file Form 8938, Statement of Foreign Financial Assets,… read more
This is not a text message your teenager sent discussing weekend plans. Unfortunately, it is a brief description of SEC’s new Large Trader Identification System that has thrust new regulatory requirements upon certain… read more
Over the last few years, state taxing authorities have eyed the growing digital products market as a potential lucrative source of revenue and/or as an increasing erosion of their tax base. The latest controversy regarding… read more