Follow links to the IPB Tax, Trusts & Estates Newsletter In This Issue: IRC § 199A Twenty Percent Deduction for Non-Corporate Entities – New Section 199A offers business owners a 20% income tax rate and presents choice of entity issues and limitations that affect its utility. Tax Savings from the Delaware Tax Trap – Delaware Tax Trap is useful […]
Last week, a federal district court issued a ruling vacating a key Federal Election Commission donor disclosure regulation as inconsistent with the Federal Election Campaign Act of 1971, as Amended (“FECA”). Although the court’s ruling has not yet taken effect and is likely to be appealed, it is a notable development in the long-standing fight […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Ronald G. Cluett of Caplin & Drysdale, Chartered. Ronald has joined IR as our exclusive Employee Benefits & Executive Compensation Member in US – Washington DC Mr. Cluett provides advice on the design and administration of tax-qualified retirement plans and non-qualified […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce H. Carter Hood of Ivins, Phillips & Barker. Carter has joined IR as our exclusive Tax (Private Client) Member in Washington DC. Carter provides tax advice and other guidance to domestic and foreign individuals and their closely held businesses. In addition to […]
By Kevin C. Maclay, Todd E. Phillips and Kevin M. Davis Recently, in Anderson v. Credit One Bank, N.A.,[i] the Second Circuit affirmed the denial of a credit card issuer’s attempt to compel arbitration of a discharged Chapter 7 debtor’s putative class action to enforce the bankruptcy discharge injunction. The Second Circuit found that arbitration […]
On June 26th, IRG members from the District of Columbia, Maryland, and Virginia (DMV Group) gathered for an informal lunch hosted by Bill Shawn. Guests included Jeff Liesemer, Sheryl Miller, Bill Shawn, Kara Maciel, Joe Gormley, and Steven Benz. This first meeting of the DMV Group was meant to help everyone get to know each […]
During the IR Global ‘On the road’ conference in Toronto (May 2018), Jeffrey Liesemer (Member of Caplin & Drysdale, Chartered, United States) and Kyle Broadhurst (Director of Broadhurst LLC, Cayman Islands) sat down to discuss their respective international insolvency practices and the main insolvency procedures in their respective jurisdictions. To view the video in full please CLICK HERE
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Patty Brickett of Brickett Consulting. Patty has joined IR as our exclusive Tax (Accountants) Member in US – Washington DC With 30 years of international tax compliance and consulting experience working for the country’s largest public accounting firms, including five years living […]
The U.S. Supreme Court ruled on Monday that class/collective action waiver clauses in employment agreements that compel employees to settle disputes individually with a third-party arbitrator are enforceable. In a landmark 5-4 ruling, the Justices in the majority rejected the National Labor Relations Board’s position and held that a class/collective action waiver in an arbitration agreement – […]
Late last year, many social media and internet giants announced plans to overhaul their advertising policies for political content. Entities that actively sponsor election-related advertising should make themselves aware of these new changes. Although questions remain about some specifics, and there may be more changes to the policies in the near future, here is what […]
On March 20, 2018, the Supreme Court issued a unanimous decision in Cyan, Inc. v. Beaver County Employees Retirement Fund,[1] a case concerning the Securities Litigation Uniform Standards Act of 1998 (“SLUSA”), which imposes certain limitations on class actions under the Securities Act of 1933 and the Securities Exchange Act of 1934. The Court resolved […]
Nothing more underscores the seriousness of governmental efforts to prevent money laundering than the parade of fines against and settlements by banks and other financial services companies than U.S. Bancorp’s recent agreement to pay $613 million to the U.S. Treasury Department’s Office of Comptroller of the Currency and the Federal Reserve for inadequate anti-money laundering […]
