When bringing new employees on board, your business may provide applicants you want to hire with offer letters. In interviews, managers may make certain positive statements about the financial condition of the company in order to entice candidates to take the jobs. And after being hired, employees may sign employment contracts and be given employee […]
The IRS Large Business & International Division announced this week the launch of a new campaign targeting compliance with the so-called transition tax under section 965. The provision, enacted as part of the Tax Cuts and Jobs Act of 2017, required U.S. domestic companies to pay a one-time tax on all earnings previously deferred in […]
Being classified as a “joint employer” means that you, and the other business considered to be in the joint relationship with you, are equally responsible for complying with the Fair Labor Standards Act (FLSA). If the other entity fails to comply with FLSA requirements, you could be left holding the bag. Suppose, for example, you own […]
It’s open enrollment season at many companies. If you’re lucky enough to work for a company that lets workers choose from a menu of health care plans, review your options carefully. Though it’s easy to stick with what you’re familiar with, a lot is at stake, both financially and in terms of the quality of health care […]
Emails, spreadsheets, text documents and other electronically stored information (ESI) are routinely requested as evidence in lawsuits. And destroying that data, or failing to produce it during the discovery process, can generate some harsh legal penalties. Misconduct during e-discovery may involve deleting, destroying and otherwise failing to preserve electronically stored information despite court orders. In cases […]
Q. My attorney informed me that my trademark application was denied by the U.S. Patent and Trademark Office in a Final Office Action. Apparently, it could cause confusion with another trademark already registered. My attorney told me that I can appeal. What are the steps? A. If the U.S. Patent and Trademark Office (USPTO) denies an application […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Douglas M. Andre of Ivins, Phillips & Barker. Douglas has joined IR as our exclusive Tax (Private Client) Member in US – Washington DC. While the skills required to safely perform night carrier landings are “slightly” different than those involving tax […]
It’s hard to believe 2019 is almost over! It’s been a busy year in many sectors, often forcing small business owners to put tax planning on the back burner while they’ve tended to daily business operations. But procrastinate no longer. Consider the following moves to lower your 2019 business tax bill before ringing in the New […]
In This Issue: Recent Developments: Income Taxes and Real Property Interests – IRS guidance on the Section 199A 20% pass-through deduction and two New York cases upholding double taxation for individuals domiciled outside of NY offer opportunities for real property owners to save taxes. Foreign Investment in U.S. Real Estate – Non-U.S. individuals who own […]
Is your small business struggling to make ends meet? Some relief may be on the way for distressed business owners. The Small Business Reorganization Act of 2019 will make it faster and less expensive to benefit from a Chapter 11 bankruptcy. The legislation was signed into law in August, and it goes into effect on February […]
Doug Andre’s piece entitled “Military Families May Be Affected by New Tax Changes – Here’s How” was published by American Military News this week. Doug reviews several issues which could affect military families and others serving overseas. One issue he covers is the recent USCIS policy update effective October 29, 2019, that changes procedures for families to […]
If one of the employees at your company approaches a manager complaining about harassment from a co-worker, you need superb interviewing skills to uncover the truth and protect yourself in the event of a lawsuit. By asking the right questions in the right atmosphere, the investigator can maximize the chance of reaching a fair assessment and minimize the […]