Tax

Farms are as American as apple pie. Thus, they have become one of American politicians' favorite businesses. Unsurprisingly, they get tax advantages unavailable to most other businesses. A well-advised farmer should be aware of these advantages, on top of their other governmental subsidies (which have...

The Foreign Account Tax Compliance Act (FATCA) was enacted in 2010 to combat tax evasion by Americans using Swiss bank accounts and hiding other financial assets overseas. FATCA requires Foreign Financial Institutions (FFIs), including banks, mutual funds, and hedge funds, to report information about American...

Sweat equity is the term used to refer to an employee’s labor that is invested into an asset as opposed to equity bought with capital. Ideally, it would be fair for all employees whose sweat equity increases the value of a private company to share...

President-elect Trump has proposed to simplify the tax code after his inauguration in 2017. His tax plan is available on his campaign website, aided by his various statements concerning tax reform which are contained in other press releases.To reduce complexity, Trump would eliminate the personal...

Lauren Rinsky: So, not all IRS representatives are the same, and it's important to know what type of IRS representative that you're dealing with. This isn't on a slide by the way. This is a little pop quiz in the beginning. It's important to know what...

The Organization for Economic Cooperation and Development (OECD) is a forum where governments discuss social and economic policy, including guidelines for the coordination of various tax laws across the organization’s member jurisdictions. The United States has the highest corporate tax rate among the 35 members...

In July 2015, the U.S. Department of the Treasury issued proposed regulations (REG-115452-14) pursuant to IRC 707(a)(2) addressing the tax treatment of certain private equity management fee waivers. Under the proposed regulations, the conversion of a management fee to a capital contribution without any “significant...

Tax Issues for the New Economy Roger Royse:Tax Issues for the New Economy.Good morning, this is Roger Royse, Founder of the Royse Law Firm, a corporate business and tax firm with offices in Menlo Park, San Francisco, and Los Angeles, and today, we are continuing our...

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