The end of the year can bring new opportunities for tax planning. Our Federal Tax Group explains how 2021 year-end or 2022 sellers in M&A transactions can consider accelerating deductions for payroll taxes deferred under the CARES Act. The … [Continue reading] about Year-End Sellers Take Note: Planning Considerations with CARES Act Deferred Payroll Taxes
If so, you may need to do so by December 1, 2021. Our Employee Benefits & Executive Compensation Group reviews the multiple year-end notices that defined contribution plans must issue to participants. 2022 retirement plan limitsNotice content … [Continue reading] about Do You Need to Send an Annual Notice to Plan Participants?
Our Federal Tax Group investigates why the U.S. Supreme Court may use a Tax Court case to decide whether a statutory deadline is set in stone or if a court can permit an untimely suit to proceed through equitable tolling. The Tax Court ruled that … [Continue reading] about When Is a Deadline Not a Deadline? The Supreme Court Intends to Decide
Our International Tax Group analyzes the pillars of a new international corporate tax system, but one that faces some major hurdles. Pillar One: a new taxing right in the digital worldPillar Two: a global minimum tax rate of 15%The road(blocks) … [Continue reading] about Has the Global Tax(man) Ended the “Race to the Bottom”? 136 Countries Agree to Overhaul International Corporate Tax System
Where there’s a carrot, there’s usually a stick. Our Unclaimed Property Team analyzes Delaware’s new permanent expedited examination program and finds potential issues that could be more than a holder may have bargained for. What will be found in … [Continue reading] about Look Before You PEEP – Delaware OUP Rejects Bid to Address Issues with Program and Agreement