In May 2014, the FASB issued new revenue recognition guidance that replaces most pre-existing revenue recognition guidance, including industry-specific guidance, in U.S. GAAP.
The IRS and Treasury released proposed regulations with respect to prevailing wage and apprenticeship requirements for clean energy tax incentives.
The IRS has temporarily halted processing of employee retention credit claims and will provide additional guidance for businesses.
Treasury and the IRS have released final regulations and a revenue procedure providing guidance on program under section 48(e).
Family offices share insights on modernizing legacy systems in their quest to achieve technology-enabled operational excellence.
IRS issues Notice 2023-63 outlining how taxpayers should treat their research and development expenditures under section 174.
Learn about new regulatory guidance related to alternative banking and how your institution can grow while managing risks.
Two EU Directives that may affect U.S. private equity funds with investments in foreign portfolio companies.
Frequently, when buyers and sellers are negotiating transactions, the parties to the transaction want to structure the deal in a manner that suits their business needs. This makes perfect sense. But, sometimes, these negotiations can cause a tax problem to arise– perhaps a tax problem that is not at all obvious.
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