As part of annual tax return compliance, the IRS requires additional information returns to be completed related to investments and intercompany transactions with foreign subsidiaries and trusts. These returns often…
Recent Insights
The Superfund Chemicals Excise Tax Makes a Comeback
Nearly three decades after expiring, the Superfund chemical excise tax is back. This excise tax, which is imposed on certain chemicals and imported chemical substances, was reinstated effective July 1,…
How the Inflation Reduction Act Affects Corporate and Individual Taxes
President Biden signed the Inflation Reduction Act into law on August 16, 2022. The bill contains provisions intended to fight climate change, reduce health care costs and lower the federal…
You Hired a Retirement Plan Advisor. Your Fiduciary Responsibility Doesn’t End There
You researched different retirement plans. You made an educated decision in selecting the right one for your organization. You even hired a retirement plan advisor. Now, you have officially completed…
Boomerang Employees: What Are They and Why Should Employers Recruit Them?
In 2019, boomerang employees accounted for 3.9 percent of new hires. In 2021, that number is up to 4.5 percent. While that may not seem like a huge increase, 61 percent of employees who…