Final Regs Amend Outbound Intangible Property Transfer Rules
The IRS has released final regs that terminate the application of the outbound intangible property transfer rules, in certain circumstances, …
Final Forms and Instructions for IRS’ 2024 ACA Reporting Available
The IRS has released final forms and instructions for Affordable Care Act (ACA) information reporting for 2024. As a reminder, Forms 1094 -B and …
The Hidden Truth: Why Cash Flow Statements Are Failing Investors
In the high-stakes world of finance, one critical aspect of corporate reporting has long been shrouded in mystery: cash flow. …
Guidance Released for Long-Term, Part-Time Employees in 403(b) Plans
The IRS has issued guidance addressing long-term, part-time employees in 403(b) retirement plans under the SECURE 2.0 Act, which applies …
SEC Waiting for the Fed: Banker Incentive Compensation Rulemaking
When financial regulators earlier in the year issued a third proposal on Dodd-Frank incentive-based compensation arrangements for financial institutions, two …
Tax Relief Provided to Victims of Hurricane Helene, Seven States Qualify
The IRS has provided tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of …
Treasury: Expect More Clean Energy Tax Credit Guidance Before End of Biden’s Term
The Treasury Department and IRS are on track to finalize a suite of regs implementing various clean energy tax provisions …
Council of Institutional Investors Again Urges SEC to Close Loophole on Non-GAAP in Executive Pay
The Council of Institutional Investors (CII) once again pressed the Securities and Exchange Commission (SEC) to add a rulemaking project …
What Are Mandatory 401(k) Roth Contributions Under the SECURE 2.0 Act?
QUESTION: We have heard that the SECURE 2.0 Act will require us to treat certain catch-up contributions under our 401(k) …
IRS Officials on the Current State of Online Accounts, ID Verification
Correction, 10/3/2024: This article has been updated to reflect the correct publication number for Special Publication 800-63-3. A previous version …