The new standard IFRS 9 on financial instruments has been effective starting 1st January 2018 for most entities but insurance […]
The New York State Legislature recently passed the 2015-2016 Budget Bill (the “Budget Bill”), provisions which alter New York State […]
President Obama’s proposed 2016 budget contains new provisions as well as some from previous budgets – it includes plans to […]
Deadline Approaches for Complying with the 2014 Benchmark Survey of U.S. Direct Investment Abroad Reports The Bureau of Economic Analysis […]
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.
Nonqualified deferred compensation arrangements are subject to special rules regarding when FICA tax must be paid. The recent case of […]