Articles

The deadline for many companies to complete their Corporate Transparency Act (CTA) filing is fast approaching. If you have not yet determined whether your company is covered under the CTA or if you have yet to file, updated guidance from FinCEN can b...

A federal district court in Northern District of Alabama issued an opinion on March 1, 2024, in the case of National Small Business United v. Yellen, granting summary judgment in favor of the plaintiffs, holding that the Corporate Transparency Act (C...

Effective January 1, 2024, the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury will implement new “beneficial ownership” reporting requirements that will have a significant impact on businesses. The new regulations, w...

Employers who offer special rate loans to employees—either directly or through a third-party lender—may need to consider the effect that the rising Applicable Federal Rate (AFR) will have on such loans. Loans with rates lower than AFR may create phan...

Brief commentary on recent cases, rulings, notices, and related federal tax guidance. Like clockwork, Americans greet each new year with soon-forgotten resolutions and unfounded predictions for the upcoming year. In keeping with that fine tradition,...

Pennsylvania and Washington became the first two states to offer official guidance on how their existing tax regimes apply to nonfungible token (NFT) transactions. Their approaches offer two blueprints for other states to follow. Even though states a...