NIL: Income Tax Considerations for Student-Athletes
6 October 2022
Student-athletes can now enter into name, image and likeness (NIL) contracts for compensation. NIL...
Tax Exempt Organizations: Navigating the Executive Compensation Excise Tax
29 September 2022
Section 4960 of the Internal Revenue Code imposes a 21% excise tax on remuneration in excess of $1...
When Interest Rates Rise, Optimizing Tax Accounting Methods Can Drive Cash Savings
22 September 2022
U.S. businesses have been hit by the perfect storm. As the pandemic continues to disrupt supply...
IRS Provides Broad Penalty Relief for Some 2019, 2020 Returns
8 September 2022
The IRS on August 23, 2022, announced it will grant automatic penalty relief for late-file...
Maximizing Tax Benefits of Transaction Costs
29 April 2022
The 2021 tax year saw an uptick in M&A activity, and the trend appears to be continuing. Whether...