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Providing stock or other equity capital interests in the employer’s capital is a common element of executive compensation. Most often, the shares are issued at a discount from fair market
The Financial Accounting Standards Board (FASB) recently released an exposure draft of a Proposed Accounting Standard Update which will impact Not-for-Profit Entities (Topic 958) and Health Care Entities (Topic 954).
The Internal Revenue Service has announced that it will no longer issue letter rulings or determination letters on whether assets in a grantor trust will receive a Section 1014 basis
There is, perhaps, no problem looming larger with the Internal Revenue Service than taxpayer identification protection. The recent news of an IRS data breach bodes poorly for the Agency as
No Court is more highly respected when it comes to business matters than the Delaware Chancery Court. The Court has a well-earned reputation for thoughtful consideration given complex business and
Everyone by now has knowledge of a virtual computer concept generally referenced as “the cloud.” Over the last several years more and more companies are actively exploring their information technology
In a good win for the taxpayer, the state of California Northern District Court denied enforcement of an Internal Revenue Service Summons requesting certain taxpayer information prepared by the corporation’s
Hybrid defined benefit plans and Employee Stock Ownership Plans (ESOPs) are now included in the Internal Revenue Service’s preapproved plan opinion and advisory letter program as detailed in Revenue Procedure
In a move that is pro employee ownership and positive for business, as well, lawmakers in both the House and Senate have recently re-introduced legislation to encourage the creation of
The Internal Revenue Service may know more about those accounts than you think! Perhaps no area of potential tax abuse is more frustrating to Congress and the Internal Revenue Service
A story authored by Richard Rubin of Bloomberg on May 7, 2015 and published in Accounting Today on Friday, May 8, 2015, illustrates the growing frustration among United States citizens
On April 30, 2015, the IRS made available to the public two documents which were authored to aid IRS Valuation Analysts with their work in the business valuation arena. The
