wbrickerMar 23 minIRS Backlog Paralyzing Penalty Abatement ProcessBy: William L. Bricker, Linda Galler, Inhyuk Yoo & Maria Pigna IRS Backlog The IRS is significantly behind in processing pre-2021 tax...
wbrickerOct 21, 20214 minThe Permanently Remote EmployeeBy: William L. Bricker, Jr., Maria Pigna, Inhyuk Yoo Our article posted on November 8, 2020, addressed a number of state and local tax...
wbrickerSep 22, 20212 minThe End of OVDP Withdrawals Campaign By: William L. Bricker, Linda Galler & Inhyuk Yoo On September 17, 2021, the IRS Large Business and International Division (“LB&I”)...
wbrickerSep 14, 20212 minWays and Means Committee’s Tax ProposalsBy: Inhyuk Yoo and William L. Bricker On Monday, September 12, the House Ways and Means Committee released a summary of various tax hikes...
wbrickerSep 14, 20213 minBuild Back Better Act—House Ways and Means Committee Tax Proposals Affecting High-Income IndividualsBy: Juliya Ismailov The U.S. House of Representatives’ Ways and Means Committee issued a section-by-section outline of the tax proposals...
wbrickerJun 10, 20212 minThe Green Book—U.S. Treasury Department Summarizes Biden Tax ProposalsBy: Juliya Ismailov On May 28, 2021, the U.S. Department of Treasury released the “General Explanations of the Administration’s Fiscal...
wbrickerMay 24, 20213 minThe Accidental ExpatriateBy: William Bricker, Juliya Ismailov, Inhyuk Yoo & Linda Galler U.S. tax issues facing accidental citizens of the United States have...
wbrickerMay 13, 20213 minA Non-Resident's Rent-Free Living in US Real Estate - Subject to Tax?By: William Bricker & Juliya Ismailov When a foreign closely-held corporation owns a U.S. residence, often through a U.S. subsidiary, and...
wbrickerMay 5, 20212 minPresident Biden’s Tax Proposal UpdateBy: Inhyuk Yoo, Maria Pigna & William Bricker In March 23, 2021, we addressed the most important aspects of President Biden’s proposed...
wbrickerApr 20, 20211 minADDENDUM - "New York State Raises Income Tax Rates" By: William Bricker & Maria Pigna Governor Cuomo signed the 2022 Budget Bill into law on Monday April 19, 2021. The effect of the new...
wbrickerApr 11, 20212 minNew York State Raises Income Tax RatesBy: William Bricker, Linda Galler & Maria Pigna On April 6 and 7, 2021, the New York State Senate and Assembly each passed the state’s...
wbrickerApr 9, 20212 minAdministration’s Plan to Capture More Corporate RevenueBy: Juliya L. Ismailov and Inhyuk Yoo Under the Made in America tax plan issued by the U.S. Department of the Treasury (“Treasury...
wbrickerMar 23, 20211 minAlert: The Train is Leaving the StationBy: William L. Bricker and Juliya L. Ismailov President Biden, true to his campaign platform, is planning the first major federal tax...
wbrickerMar 8, 20213 minPlanning for US Retirement AssetsBy: Juliya Ismailov For anyone who has substantial tax-deferred retirement assets in the US, it is important to understand that the US...
wbrickerJan 29, 20212 minNew York Enacts Changes to Law Governing Powers of AttorneyBy: Juliya Ismailov On December 15, 2020, Governor Cuomo signed into law an amendment to the New York statute governing a Power of...
wbrickerJan 28, 20211 min2nd ADDENDUM - "Proposed Coronavirus Relief: PPP Expenses; Remote Worker State Tax Issues"By: Linda Galler, William Bricker and Maria Pigna The New York State Fiscal Year 2020-2021 Budget Bill, signed into law by Governor Cuomo...
wbrickerJan 12, 20213 minCorporate Transparency Act Will Require Beneficial Ownership Disclosures by Corporations and LLCsBy: Maria Pigna, Rachel Trickett and William L. Bricker, Jr. On December 11, 2020, Congress passed a measure designed to curtail the use...
wbrickerDec 23, 20202 minThe New COVID-19 Relief PackageBy: William Bricker, Jr., Linda Galler and Juliya Ismailov On Monday, December 21, 2020, Congress approved a $900 billion COVID-19 relief...
wbrickerDec 15, 20203 minFinal Regulations Issued on Like-Kind ExchangesBy: Juliya L. Ismailov At the end of 2017, the Tax Cuts and Jobs Act ("TCJA") restricted like-kind exchanges under Sec. 1031 of the Tax...
wbrickerDec 15, 20201 minADDENDUM – “Proposed Coronavirus Relief: PPP Expenses; Remote Worker State Tax Issues"By: Rachel Trickett and Maria Pigna On Monday December 14, 2020, a group of bipartisan lawmakers introduced the Emergency Coronavirus...