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The IRS estimates that companies underpay approximately $14 billion annually by misclassifying employees as independent contractors.

The Tax Cuts and Jobs Act ("T.C.J.A.") brought many changes for non-corporate taxation, changing tax rates and repealing many popular deductions.

In rounding out his first 100 days in office, President Trump released an overview of his proposed tax plan

The ongoing enforcement effort against abusive tax shelters has taken several turns in the past few months. Taxpayers and practitioners who have shelter issues need to be aware of a number of recent developments

The Sixth Circuit held that a nonprofit entity incorporated under state law falls within the definition of a ‘corporation' for purposes of determining the interest rate applicable to tax refunds.

This week's Corporate news roundup includes information regarding the widening geographic net cast by FinCEN's review of all-cash real estate purchases in NYC, Florida, California and Texas.

The Protecting Americans from Tax Hikes Act, passed in December 2015, extended an often overlooked provision of the tax code with the potential to provide significant savings...

Notice 2007-97, released by the IRS on November 13, 2007, originally as Notice 2007-92, made a narrow retroactive change (back to October 1, 2006) to the definition of "liquid hydrocarbons derived from biomass" for purposes of the alternative fuel credit and alternative fuel mixture credit, to clarify the definition to exclude oil, natural gas, coal, or any product derived from these three products.

A public company that files periodic reports with the Securities and Exchange Commission (“SEC”) under Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is required to disclose certain tax penalties in its Annual Report on Form 10-K.

Amid conflicting agency regulations, contract manufacturers of device components and finished devices may be subject to the new medical device excise tax.

A new court decision confirms that receivers cannot be sued for decisions made in the exercise of their judgment...

For the past decade, the PA Department of Revenue has been committed to abolishing the PA Capital Stock/Franchise Tax, which is a tax on the value of a corporation’s capital stock.

The Advisory Committee on Tax Exempt and Government Entities made several recommendations on issues relating to unrelated business taxable income.

The U.S. District Court for the Northern District of Alabama issued an important ruling last Friday in the ongoing battle between the railroad companies and the State of Alabama regarding whether the differing taxes and exemptions applied to diesel fuel purchased by railroads versus interstate trucking companies and interstate water carriers violates the Railroad Revitalization and Regulatory Reform Act ("4-R Act"), 49 U.S.C. §11501.

On March 24, 2006, we posted a client alert detailing the California Franchise Tax Board’s published procedures for taxpayers wishing to file protective claims in response to "Northwest Energetic Services, LLC v. California Franchise Tax Board".

We frequently review health plans maintained for employees by their employers. Some of these group health plans provide domestic partner coverage, not only for an employee's unmarried partner of the same or opposite sex, but also for the dependents of these partners. This scenario presents some interesting results under the continuation coverage rules of the federal law called the Consolidated Omnibus Budget Reconciliation Act of 1985, or "COBRA."

In a decision with wide-ranging implications and potential refund opportunities, Pennsylvania’s Commonwealth Court ruled on September 19th that Pennsylvania municipalities (other than Philadelphia) may not impose their business privilege tax ("BPT") on a rental real estate business.

On 12 July 2016 the Commercial Court of Moscow rendered a decision in case No. А40-98958/16-108-827.