Press Room: All Categories

April 13, 2016

Simplification of Accounting for Share-Based Compensation

On March 30, 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-09, Improvements to Employee Share-Based Payment Accounting. The purpose of this ASU is to simplify certain aspects related to ASC 718, ...

April 08, 2016

U.S. Treasury Department Issues New Regulations to Curtail Inversions and Recharacterize Intercompany Debt

On April 4, 2016, the Treasury Department released new regulations aimed specifically at undermining tax benefits from reorganizations known as inversions. In an inversion, a U.S. based company acquires foreign residency, usually through a ...

April 07, 2016

Hogan to Speak at the ABA’s 2016 Spring Symposia

The American Bar Association’s Section of Real Property Trust and Estate Law (RPTE) is a national forum for lawyers with around 22,000 members. The Real Property Division focuses on legal aspects of ...

March 30, 2016

Malo to Speak at Stamford Innovation Center’s Roundtable

Located in the heart of downtown, the Stamford Innovation Center (SIC) supports a diverse community of small business owners, freelancers, innovators, and entrepreneurs by providing resources such as classes, events, and workspace. Jeff ...

March 29, 2016

Brazilian Tax Authority Enacts Special Regime to Operate Offshore Voluntary Disclosure Program

On March 15, 2016 the Brazilian tax authorities enacted Normative Instruction 1627, which establishes the Special Regime for Tax and Exchange Regularization (Special Regime). In short, this is the Brazilian version of an Offshore Voluntary Disclosure ...

March 14, 2016

Work Opportunity Tax Credit Transitional Relief Provides a Short Retroactive Window

The Work Opportunity Tax Credit (WOTC) program had been in hiatus since Jan 1, 2015. On December 18, 2015 the President signed into law the Protecting Americans From Tax Hikes Act of 2015 that extends the Work Opportunity ...

March 07, 2016

Duffy, Freda and MacNeil Speaking at TEI’s Midyear Conference

Tax Executives Institute (TEI) is the preeminent association of in-house tax professionals worldwide​. Members are business executives who are responsible for taxation matters on an administrative or policy-making level, or whose work is ...

March 07, 2016

Malo to Speak at TEI’s IRS Audits & Appeals Seminar

Tax Executives Institute (TEI) is the preeminent association of in-house tax professionals worldwide​. Members are business executives who are responsible for taxation matters on an administrative or policy-making level, or whose work is ...

March 04, 2016

Tax Planning for U.S. Operations of Foreign-Owned Enterprises

This column discusses the key organizational, operational, and repatriation tax issues of foreign-owned U.S. enterprises, starting from the assumption that the foreign corporation is entitled to the benefits available under a U ...

March 01, 2016

You Can’t Take it With You: Passive Activity Loss Carryovers at Death

Passive activity losses (PALs), generated when a taxpayer incurs ordinary losses in a passive investment, may be treated differently in the case of a taxpayer’s death. For individuals with large PALs, ...