In November 2013, the Internal Revenue Service issued final regulations on the net investment income tax (NIIT) as well as new proposed regulations. The NIIT is imposed on the net investment income of ...

As explained in my previous blog, Code Sections 6055 and 6056, added by the Affordable Care Act (“ACA”), require all employers (even small employers) sponsoring self-funded health plans and large ...

The U.S. Department of Agriculture’s (USDA’s) Agricultural Marketing Service (AMS) is seeking public comment on draft instructions to validate a refining process under the National Bioengineered Food ...

The Internal Revenue Service has released a set of long-delayed draft instructions for the forms that companies need to file to comply with the employer mandate in the Affordable Care Act. The IRS ...

The IRS last Friday posted a revised draft version of the 2022 Partnership Instructions for Schedule K-2 and K-3 (Form 1065) and, on Monday, it posted a similar revised version of the 2022 S ...

The Internal Revenue Service late last week released a set of long-awaited draft instructions for the forms employers will need to file to comply with the Affordable Care Act s employer mandate, ...

Washington — The Internal Revenue Service has finished the long process of revising the Form 990 with the release on Tuesday of the final instructions for the tax document, which is filed annually by ...

The Hiring Incentives to Restore Employment Act included a number of information reporting requirements intended to increase worldwide compliance with U.S. tax laws. One of those provisions is Section ...

Today the Court decided Brown v. United States. The case turned on how to interpret the Armed Career Criminal Act (ACCA). The Court split 6-3, with Justice Alito writing the majority opinion. Justice ...