Who is talking about Equal Pay? Nationally, the Presidential candidates at the Democratic debate spoke about the importance of equal pay. Internationally, the U.S. Women’s Soccer Team used their voices and their global platform as Gold Medal winners to talk about equal pay and the wage discrimination they combat inside and outside the sports arena. But […]
The #MeToo movement was founded more than a decade ago, as a vehicle against sexual abuse and harassment. Despite its longevity, it really only entered the public consciousness in October […]
Read moreFrance’s new Pay as You Earn (PAYE) tax system will have implications for foreign employers, including, in some cases, the appointment of an accredited tax representative in France. The PAYE system went live on January 1st 2019 and is designed to compel employers to withhold income tax from their employees’ taxable salaries and pay it […]
On the last day of 2018, the IRS issued Notice 2019-09 clarifying how the new 21 percent tax on “excess” compensation impacts nonprofits. The tax is effective for compensation paid in tax years beginning after December 31, 2017.[1] For most nonprofits, the biggest impact will be the need to keep track of whether they […]
On November 29, 2018, the IRS released updated Voluntary Disclosure Practice (VCP) procedures applicable to both offshore and domestic voluntary disclosures. The new VCP supersedes in part the IRS’s longstanding voluntary disclosure practice and fills the gap left in the absence of the Offshore Voluntary Disclosure Program (OVDP), which ended on September 28, 2018 (see […]
Recent tax law changes amplify the benefits of two different charitable giving ideas: (1) “bunching” charitable giving to maximize deductions and (2) making a charitable IRA rollover. First, donor-advised funds offer the opportunity to “bunch” charitable deductions into a single year to better take advantage of the higher standard deduction available under the 2017 Tax […]
The #MeToo movement officially began in October 2017 as a social media hashtag in the wake of sexual misconduct allegations aimed at high profile Hollywood film producer Harvey Weinstein. It […]
Read moreThe Tax Cuts and Jobs Act changed the way tax-exempt organizations calculate their unrelated business taxable income (UBTI). No longer can organizations follow the rules used by taxable entities and aggregate income and deductions from all of their unrelated trades or businesses. Rather, new code section 512(a)(6) requires organizations to separately compute their UBTI for […]
Medical or recreational consumption of marijuana still lacks a green light even in states that allow such use, because federal law allows employers to make adverse employment decisions based on employees’ drug use. Although some states had laws that allow the medical use of marijuana as early as 1996, the last three years have induced […]
By Kevin C. Maclay, Todd E. Phillips and Sally J. Sullivan Recently, in the Advance Watch bankruptcy, the Bankruptcy Court for the Southern District of New York ruled that a bankruptcy judge is authorized to enter a final default judgment in an adversary proceeding against a foreign defendant who failed to respond to a validly-served […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Maury Lobo de Athayde of CGM. Maury has joined IR as our exclusive Employee Benefits & Executive Compensation Member in Brazil. CGM’s team works at a very fast pace and has in-depth knowledge of the law and of the business of its […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Patricia Medeiros Barboza of CGM. Patricia has joined IR as our exclusive Employee Benefits & Executive Compensation Member in Brazil. CGM was founded in September 2014 by an experienced group of partners who had already worked together for more than two decades, […]
