Tax & Accounting Blog

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IRC Section 6050W – Recent Developments

Relief Provisions and FAQs on IRC Section 6050W Payments The IRS is providing special transitional relief to banks and other payment settlement entities required to begin reporting payment card and third-party network transactions to the IRS on new Form 1099-K. By law, reporting is scheduled to begin in early 2012 for payment card and third-party … Read More

ONESOURCE Property Tax Emcees FSU Real Estate Event

ONESOURCE Property Tax Emcees FSU Real Estate Event

David Howie, a Director in our Washington D.C office,  emceed the evening event at the annual Florida State University Real Estate Trends & Networking Conference in Tallahassee, Florida on October 27 & 28. The event drew nearly 500 participants, including commercial real estate industry leaders and professionals from the Southeast, as well as students from the … Read More

QIs Have No Choice with Regard to FATCA

QIs Have No Choice with Regard to FATCA

In last week’s EEI conference, it was announced that Qualified Intermediaries (QIs) will have no choice but to register to become a Participating Foreign Financial Institution (PFFI). This announcement came as quite a shock to some of the QIs that attended the Washington event, who assumed that they have the choice of becoming a non-participating … Read More