Posted on September 27, 2019
by
Jim Spencer
In the summer of 2019, the U.S. ratified updates to international tax treaties with four of the country’s allies that had been awaiting Senate approval for nearly a decade. The move yielded a collective sigh of relief from multinational businesses and their shareholders in Spain, Switzerland, Japan and Luxembourg that had been operating in an […]
Posted on September 24, 2019
by
Karen Lake
The U.S. Supreme Court’s 2018 decision in South Dakota v. Wayfair has had far-reaching impact on the state and local sales tax (SALT) obligations and previous competitive advantages of online and foreign businesses that sell products into the U.S. The court’s ruling eliminated the prevailing physical presence test, which required sellers to collect sales tax […]
Posted on September 18, 2019
by
Adam Cohen
Small-business owners who use a portion of their homes regularly and exclusively for business purposes may qualify for a home office deduction that can help them save money of their taxes and improve their bottom line. For purposes of claiming this deduction, a home is defined as a house, apartment, condominium, mobile home, boat or […]
Posted on September 12, 2019
by
Daniel Hughes
Representations and warranties insurance (RWI) is becoming an increasingly common and required tool to expedite M&A transactions, bridge gaps in deal negotiations and reduce buyers’ and sellers’ risks of financial losses after deals close. At the most basic level, representations are the assertions sellers make about their companies, those entities’ financial positions and past and […]
Posted on September 04, 2019
by
John Ebenger
Savvy investors know that holding real estate in their individual names is a bad idea that exposes them to a broad range of legal risks and personal financial liabilities. Instead, U.S. tax laws permit investors to structure their real estate holdings into separate business entities, such as partnerships, limited liability companies (LLCs) and corporations, which […]
