Experts Weigh in on Implications of Failed FTC Non-Compete Ban
In a recent discussion, legal experts James A. Paretti, Jr. and Melissa McDonagh, shareholders at Littler Mendelson P.C., provided insights …
Christopher Wood, CPP
Christopher Wood, CPP is a senior editor at Thomson Reuters Checkpoint who creates content for the Payroll Update and Federal Tax Update daily news. He also provides explanation and analysis for the Payroll Guide product on a wide range of topics. Christopher has been published in the American Payroll Association’s PayTech magazine and has spoken at APA events. He is based in the New York City area.
Posts by this author
Leader at Accounting Firm Discusses Trends and Best Practices Regarding Unclaimed Wages
Payroll professionals have a crucial role in identifying, tracking, and reporting unclaimed wages to prevent liability issues. As unclaimed property …
Werfel Notes ERC Process as Example of Digital Return Filing/Processing Benefits
IRS Commissioner Daniel Werfel’s April 16 testimony before the Senate Finance Committee on the tax filing season and IRS budget illustrated …
National Taxpayer Advocate “Very Concerned” About ERC Claims Delay in 2024
In its annual report to Congress, the National Taxpayer Advocate (NTA) said it was “very concerned” about delays in processing employee retention …
Two IRS Publications Tout Work Opportunity Tax Credit
Two IRS publications recently discussed the benefits of the Work Opportunity Tax Credit (WOTC) for employers (SSA/IRS Reporter, 3rd Quarter …
House Republicans Ask Commissioner Werfel 10 Questions on ERC Processes
The U.S. House of Representatives Committee on Ways and Means has requested that IRS Commissioner Daniel Werfel provide answers to 10 questions …
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R&D Expert: Capitalization, Amortization Requirement Hurts Smaller Businesses
An unpopular provision of the 2017 tax reform bill that disallows immediate expensing of research and development costs has created …
SEC Adopts Tougher Rules for SPACs
Almost two years after the Securities and Exchange Commission (SEC) proposed a sweeping set of reforms for special purpose acquisition …
Status Quo for States as U.S. Supreme Court Upholds Federal Mandatory Repatriation Tax
The U.S. Supreme Court yesterday, in a 7-2 decision in Moore v. U.S., upheld the one-time federal transition tax on accumulated earnings …