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7 Jun 2018, 3:01 pm by scottgaille
  The Howey Test, deriving from a decades-old case, Securities and Exchange Commission v. [read post]
31 May 2018, 11:06 am by Matthew D. Lee
The AICPA’s submission to the IRS includes suggested Frequently Asked Questions (FAQs) that address the following areas: Expenses of obtaining virtual currency; Acceptable valuation and documentation; Computation of gains and losses; Need for a de minimis election; Valuation for charitable contribution purposes; Virtual currency events; Virtual currency held and used by a dealer; Traders and dealers of virtual currency; Treatment under Sec. 1031;… [read post]
11 May 2018, 3:22 am by Cynthia Marcotte Stamer
After publishing the original $6,900 limit in Revenue Procedure 2017-37, Congress changed the rules on inflation adjustments as part of “An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018” (the Act), Pub. [read post]
19 Apr 2018, 9:30 pm by Bobby Chen
The supporting briefs for both sides in Trump v. [read post]
12 Apr 2018, 7:01 pm by Cynthia Marcotte Stamer
Department of Labor Wage and Hour Division (WHD) continuing its aggressive investigation and enforcement of minimum wage, overtime and other Fair Labor Standards Act (FLSA) and other wage and hour laws it used to recover more than $1.2 billion in back pay for workers over the past five years, Agriculture, Amusement, Apparel Manufacturing, Auto Repair, Child Care Services, Construction, Food Services, Guard Services, Hair, Nail & Skin Care Services, Health Care, Hotels and Motels,… [read post]
11 Apr 2018, 6:26 pm by Kelly Phillips Erb
However, a QBU only meets the exception if it does not conduct business in dollars; does not have its principal place of business in the United States; does not choose or is not required to use the dollar as a functional currency; and keeps books and records in the currency where most business activities are conducted. [read post]
5 Apr 2018, 8:24 am by CFM Admin
If you would like to be added to our distribution list, please contact us. **** April 5, 2018 Clients, Friends, Associates: The first quarter of 2018 has seen many developments impacting traditional hedge fund managers as well as those in the digital asset space. [read post]