Companies must issue Form 1099 to report certain payments made in the course of business to nonemployees.

Addition of Reibman professionals deepens bench of tax compliance and planning services for closely held businesses, ultra-high-net-worth individuals, and family offices

Andersen Global adds complementary tax and business advisory capabilities to its existing platform in Serbia with the addition of Andersen Savjetovanje d.o.o. (Andersen in Serbia).

Businesses incorporated in Delaware should be on the lookout for any notice regarding unclaimed property from the Delaware Department of Finance, Office of Unclaimed Property (OUP).

Andersen celebrates the promotion of 30 exceptional Managing Directors across 10 offices and multiple service lines nationwide. As of January 1, 2024, Andersen will boast more than 280 Managing Directors throughout the United States.

Andersen welcomes seven additional Managing Directors to U.S. ranks, which grew over 20% in 2023. The new additions bolster several offices and practices across the firm, underscoring the firm's dedication to delivering integrated solutions and unparalleled client service. These accomplished professionals embody Andersen's core values and are poised to play pivotal roles in propelling firm objectives and client success.

The latest installment of Sodium Podium – Andersen's regular column in Tax Notes – Wayne Trumbull (Managing Director – New York), Eric Anderson (Managing Director – San Francisco), and Edward Beeby (Senior Manager – San Francisco) explain why the state adoption of Internal Revenue Code Sec. 174, as amended by the Tax Cuts and Jobs Act, violates the foreign commerce clause.

Andersen Managing Director Joe Calianno comments are featured in the recent Tax Notes article, U.S. Income Analysis Complicates Pillar 2 FTC Creditability.

The Washington State Supreme Court in Quinn v. Washington recently upheld the state's 7% excise tax on certain capital gains exceeding $250,000 in a calendar year