Alerts



European Insurers’ IFRS 9 Benchmark Study

   August 3, 2018

The new standard IFRS 9 on financial instruments has been effective starting 1st January 2018 for most entities but insurance […]

Anchors Aweigh! The 2015-2016 New York State Budget Bill

   June 30, 2015

The New York State Legislature recently passed the 2015-2016 Budget Bill (the “Budget Bill”), provisions which alter New York State […]

Tax Provisions in the Administration’s Fiscal Year 2016 Budget

   June 30, 2015

President Obama’s proposed 2016 budget contains new provisions as well as some from previous budgets – it includes plans to […]

Water Survey 2014 Image

U.S. Commerce Department Form BE-10 – Mandatory Filing

   June 30, 2015

Deadline Approaches for Complying with the 2014 Benchmark Survey of U.S. Direct Investment Abroad Reports The Bureau of Economic Analysis […]

September 11, 2013 – Employment Taxes and Special Administrative Procedures for Employers to Make Adjustments or Claims for Refund or Credit after Windsor

   January 21, 2014

The IRS recently issued Notice 2013-61 to provide streamlined alternative procedures to allow employers and employees to claim refunds or adjustments for 2013 and prior years for employee benefits provided to same-sex spouses. Until the recent Supreme Court decision in Windsor, employers withheld and paid income and employment taxes on employee benefits provided to the same-sex spouse of an employee because the marriage was not recognized for Federal income tax purposes.

October 30, 2013 – Beware of FICA Tax Rules on Non-Qualified Deferred Compensation

   January 21, 2014

Nonqualified deferred compensation arrangements are subject to special rules regarding when FICA tax must be paid. The recent case of […]