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As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines.

The IRS has issued 2014 draft instructions to Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding, which include a transitional rule for payments subject to the Foreign Account Tax Compliance Act (FATCA) applicable after July 1, 2014.

On December 4, 2013, the Treasury Department and the Internal Revenue Service released new final and proposed regulations under section 871(m) of the Internal Revenue Code regarding the imposition of US federal withholding tax on certain equity-linked payments.

Our colleagues over at Proskauer's ERISA Practice Center Blog have noted that a recent IRS information letter confirms that "waiting time penalties" paid under California law are not wages...

Alain Leibman was featured in the New York Daily News article, "Manhattan Art Consultant Used Swiss Bank Account to Avoid Paying Millions in Taxes on 'Secret Inheritance from Her Father.'"

The protocol amending the United States Tax Treaty with Switzerland has been ratified by the United States and began to take effect as of 20 September 2019.

Senate Finance Committee Chair Orrin Hatch, R-Utah, acknowledged last week that his corporate integration proposal is running into difficulties that will postpone its release until at least May.

In United States v. Quality Stores, Inc., 134 S. Ct. 1395 (2014), the U.S. Supreme Court ruled that severance payments at issue in the case were wages subject to Federal Insurance Contributions Act (FICA) taxes.

The Internal Revenue Service has recently issued the long-awaited final regulations that implement the Foreign Account Tax Compliance Act.

The IRS released the final version of Form W-8BEN-E, "Certificate of Status of Beneficial Owner for United States Tax Withholding and Reporting (Entities)".

On Jan. 6, 2017, Janis Edwards, the owner of a professional employer organization, pleaded guilty to tax evasion arising from failing to pay over to the IRS between $3.5 million and $25 million...

The IRS issued a special administrative procedure Jan. 8 allowing employers that have yet to file their 2014 fourth-quarter Form 941 to implement a retroactive increase in excludible qualified transit benefits.

New York Individual Clients partner Warren Whitaker recently released the 2016 edition of U.S. Tax Planning for Non-U.S. Persons and Trusts: An Introductory Outline.

The United States Internal Revenue Service is warning taxpayers to evaluate their current withholding rates and their proper estimated payments for 2018, or else they may have a nasty surprise ...

While we all know that employers are required to withhold taxes from employees' pay, it's been unclear in California how that applies to settlements.

The IRS delayed implementing certain rules that are intended to prevent non-U.S. persons from using derivative instruments to avoid U.S. withholding tax on U.S. equities.

The IRS has released a draft agreement for foreign financial institutions entering into an FFI agreement under the Foreign Account Tax Compliance Act.