In a new private letter ruling, the IRS says that employers can provide matching contributions to the 401(k) plan accounts of employees who make student loan payments (PLR 201833012, 8/17/18). It is expected that this new ruling will encourage ...
The report includes a discussion on how to implement and/or improve processes such as those for the Change of Business Master File Entity Addresses, E-Signature for Form W-9 as well as the Tax Cuts and Jobs Act.
The Treasury Department and the Internal Revenue Service today issued proposed regulations and other published guidance for the new Opportunity Zone tax incentive. Opportunity Zones, created by the 2017 Tax Cuts and Jobs Act, were designed to spur investment in distressed communities throughout the country through tax benefits. Under a nomination process completed in June, […]
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The Tax Cuts and Jobs Act (TJCA) provides for shelter from capital gains tax for investment into qualified opportunity funds (QOF) and the permanent exclusion of capital gains from the sale or exchange of an investment in the QOF.
Captive insurance is generally defined as an insurance arrangement that is wholly owned and controlled by those insured. The primary purpose of the said captive is to insure risks of its owners, and those insured benefit from the captive insurer’s ...
Anyone who prepares or helps prepare any federal tax return, or claim for refund, for compensation must have a valid PTIN from the IRS. The PTIN must be used as the identifying number on returns prepared. Failure to have and use a valid PTIN may ...
This is the second consecutive year Deloitte won Americas Transfer Pricing Firm of the Year and the fourth consecutive year it won Americas Tax Compliance & Reporting Firm of the Year. Deloitte also was named 2018 US Transfer Pricing Firm of the Year ...