Tax Incentive Programs in the Caribbean
By: Greg Bryant, CPA/Attorney Imagine, if you will, you live in California or New York City where your income tax […]
Tax Law
Tax Planning for Exports: IC-DISC Primer
By: Greg Bryant esq./CPA and Sarah Frazier, Esq. Although it has been in existence since 1971, the Interest Charge Domestic
Employee Retention Credit
By Lauren Olán, Esq, LLM There are a lot of companies that have popped up recently promoting Employee Retention Credit
Tax Planning in the Cannabis Industry: Section 280E of the Internal Revenue Code
By Gregory Bryant CPA/ Esq.Sarah Skinner, Esq. The green-wave is overtaking America. Cannabis is gradually reaching the masses, and consequently
Tax Considerations of Expatriating from the U.S.
By: Sarah Skinner, Esq, LLM and Gary Wells, Esq/CPA Since the November 2020 election, we have been getting a lot
New IRS Offshore Account Program
OVDP offered taxpayers whose conduct was considered “willful” as to the nonreporting of foreign income with a path to compliance and more importantly an opportunity to diminish the threat of criminal charges they may face upon discovery by the IRS.
The Cybersecurity Threat, Burden, and Role of Tax Practitioners
Tax practitioners have learned that they possess something that a new breed of criminals, namely cybercriminals, desire—information.
Tax Law
Stay Off IRS List and Secure Relief for Prior Nonreporting of Foreign Accounts and Other Assets
NOT TOO LATE to Stay Off IRS List and Secure Relief for Prior Nonreporting of Foreign Accounts and Other Assets (FBAR and others)
Tax Law
Yearend Also Brings End to Startups Opportunity to Elect to Monetize R&E Income Tax Credit as Payroll Tax Credit for 2016
IRS and Department of Treasury provided operational rules for 2016 that allow at least for the 2016 tax year an extension of time for taxpayers to make the election on or before December 31, 2017 to treat R&E tax credits as a Payroll Tax Credit and claim the benefit against the next payroll tax filing.
Business Law, Tax Law
Tech Companies Receive New Avenue to Enjoy the R&E Tax Credit
Early stage technology companies have a new way to convert income tax credits that arise from R&D efforts into payroll tax credits that may immediately benefit the companies.