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9 Feb 2021, 12:25 pm
In recognition of the continuing economic hardship caused by the COVID-19 pandemic, the Internal Revenue Service is easing its collection activities to avoid the seizure of bank accounts containing either Economic Impact Payments or Paycheck Protection Program loan proceeds. [read post]
9 Feb 2021, 9:32 am
Maryland generally conforms to the Internal Revenue Code (IRC), so changes made under the CARES Act were automatically implemented in the state. [read post]
9 Feb 2021, 8:29 am
Unlike Romney’s plan, which would be administered by the Social Security Administration, the Child Tax Credit would continue to be administered through the Internal Revenue Service (IRS) as part of the tax code. [read post]
8 Feb 2021, 2:27 pm
In its complaint, the plaintiff alleged that the company’s statements during the class period were misleading because they failed to disclose that the TNT division’s international service was “largely disabled” for six months after the virus; that TNT was losing a significant portion of its high-margin customers due to the international disruption from the virus; and that the virus has substantially delayed FedEx’s integration of TNT. [read post]
8 Feb 2021, 10:10 am
The Virginia bill would not limit a controller’s or processor’s ability to “conduct internal research to develop, improve, or repair products, services, or technology. [read post]
8 Feb 2021, 4:00 am
This will increase the overall market size for legal services, but it will be uncomfortable for some incumbents. [read post]
8 Feb 2021, 1:00 am
The hand-downs will be streamed on Supreme Court Live and will then be made available on the Supreme Court’s video on demand service. [read post]
7 Feb 2021, 7:29 am
According to the Internal Revenue Service (IRS), a worker is an independent contractor for a business if the business owner can only control or dictate the type of work or result of the work to be completed and not the manner in which the work is completed. [read post]
5 Feb 2021, 3:54 pm
Due to the sultanate’s wide fiscal deficits and overreliance on external funding, international credit rating agencies—such as Moody’s Investors Service, S&P Global Ratings, and Fitch Group—downgraded Oman’s credit rating to junk status and cut its outlook to negative in 2019 and 2020. [read post]
5 Feb 2021, 11:59 am
The Internal Revenue Service (IRS) would reconcile any overpayments or underpayment on tax returns. [read post]
5 Feb 2021, 1:25 am
UK investment firms providing investment services in Italy will not be able to provide such services if they have not received authorisation prior to 31 December 2020, as per the relevant November 2020 communication issued by the CONSOB. [read post]
4 Feb 2021, 1:26 pm
Citizenship and Immigration Services’s hiring of physicians “with a history of patient abuse” and that some doctors previously had “disciplinary actions for egregious infractions. [read post]
4 Feb 2021, 10:27 am
International organizations will quickly recognize the similarities here to GDPR principles relating to the processing of personal data. [read post]
4 Feb 2021, 3:55 am
A tax on revenues from certain digital activities in the EU. [read post]
4 Feb 2021, 2:00 am
You will need to use the individual’s SSN to report his or her wages to the Internal Revenue Service (IRS). [read post]
3 Feb 2021, 8:01 am
Small U.S. public companies on OTCQX and OTCQB markets have an average $48 million market cap, with $65 million in revenue and 197 employees, she remarked.Nasdaq and NYSE. [read post]
3 Feb 2021, 5:59 am
The Internal Revenue Service (IRS) has released data on individual income taxes for tax year 2018, showing the number of taxpayers, adjusted gross income, and income tax shares by income percentiles.[1] The new data shows how taxes changed in the first tax year after passage of the Tax Cuts and Jobs Act (TCJA) in December 2017. [read post]
3 Feb 2021, 5:50 am
Wolters Kluwer reported 2019 annual revenues of €4.6 billion. [read post]
2 Feb 2021, 10:00 pm
Our colleagues in the tax practice recently prepared a LawFlash examining the final regulation on the Section 45Q carbon capture tax credit issued by the US Department of the Treasury and Internal Revenue Service. [read post]
2 Feb 2021, 10:00 pm
Our colleagues in the tax practice recently prepared a LawFlash examining the final regulation on the Section 45Q carbon capture tax credit issued by the US Department of the Treasury and Internal Revenue Service. [read post]
