The accounting industry is growing—and looking for more help. Of the 30 firms on Crain's list, 22 have expanded their total of New York-area professionals in the past year, culminating in an 11.4% overall growth rate.
Americans investing overseas are getting taxed twice, first via a foreign-tax withholding when the dividends are paid, then again back in the U.S., when accounting to the IRS. In theory, investors can often complete complicated procedures to reclaim their foreign tax withholdings.
The Marcum Tech Top 40 honors Connecticut companies for revenue growth in software, Internet and telecom, energy, life sciences and advanced manufacturing. Companies with at least $50,000 in revenue in 2010 and at least $3 million in 2014 were eligible.
The Tech Top 40, now in its eighth year, is a joint effort between the Connecticut Technology Council and Marcum LLP, a large New York City-based firm with whose 23 accounting and advisory services in the United States and abroad include a New Haven location.
The decisions in Obergefell v. Hodges and United States v. Windsor have now set the stage for a multitude of changes in actions, options, and necessary planning decisions. While some issues remain unresolved, the two landmark decisions have established that same-sex couples now have all of the rights and responsibilities that have been available to heterosexual couples with respect to marriage.
Recently, my spouse and I decided to move to a new home – a relatively new experience, since we had lived in the same home for 23 years. We thought everything was under control as we had done this before. We hired the best moving company, and we hired the best home inspector to examine our new home.
This article covers recent developments in the area of individual taxation, including the treatment of support payments and IRA and qualified plan distributions, the Sec. 469 material participation rules, and the taxability of state economic development credits.
A change in estate planning regulations is expected, possibly as early as mid-September, prompting some high-net-worth individuals to act now to take advantage of something called valuation discounts – before they are reduced or eliminated altogether.
Can any part of a payment, or payments, made to settle a partners' dispute, including the redemption of a recalcitrant partner's interest, provide an ordinary current deduction for the remaining partners?