DOL Proposes to Replace the 2024 Independent Contractor Rule
The DOL proposed a new rule to simplify independent contractor classification, reverting to a framework similar to the 2021 rule.
Tax Management Memo
Latest Tax Journals
Who Won Gold with the Latest CAMT Guidance from Treasury?
Treasury issues new guidance addressing CAMT criticisms, offering relief on a number of issues plaguing CAMT taxpayers while final regulations are pending.
How Complex Is the New Corporate Alternative Minimum Tax?
CAMT imposes costly compliance burdens on many firms while raising little revenue.
Fuel Tax Refund Implementation Encounters Appropriation Hurdles
Section 6435’s fuel tax refund for downstream parties stalls due to appropriation limitations.
Courts Scrutinize ERISA Fiduciary Process: Are You Prepared?
Recent Supreme Court decisions emphasize that ERISA fiduciary prudence is determined by a well-documented decision-making process rather than just investment outcomes.
Can Soaring Tech Salaries Still Qualify for R&D Tax Credits?
Elite engineers’ soaring compensation packages are complicating R&D tax credit claims under IRC §41, requiring companies to enhance their audit readiness with more rigorous documentation of qualified research activities.
Why Partnerships Are Surprised by High Imputed Underpayments
Imputed underpayments under the Bipartisan Budget Act of 2015 are often unexpectedly high due to the inclusion of non-income items in calculations, affecting partnerships during audits and Administrative Adjustment Requests.
DOJ Tax’s Dissolution Forces a High-Stakes Reset for IRS and DOJ
The DOJ Tax Division’s dissolution necessitates a post-mortem of the IRS-DOJ partnership to identify the critical elements for U.S. tax enforcement and voluntary compliance.
HR Solutions That Become Tax Problems: How to Minimize Risk
HR solutions can create unexpected tax liabilities, requiring cross-functional vigilance and proactive strategies to ensure compliance.
AI Reshapes Software R&D Tax Credits, Eligibility Landscape
AI’s integration into software development challenges traditional R&D tax credit criteria, necessitating new frameworks for eligibility.
EXPLORE BLOOMBERG TAX
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: