Tag: finance

November 10, 2023

As the U.S. transitions from the acute phase of COVID-19, the lasting impact of changes ushered in by the pandemic is becoming clear, most notably the shift toward remote work. While no longer a necessity, remote work remains extremely popular, […]

October 31, 2023

A Los Angeles County superior court judge dismissed a lawsuit that sought to invalidate Measure ULA, also called the mansion tax. Measure ULA, which took effect in April 2023, significantly increased documentary transfer tax on all real estate sales or […]

October 26, 2023

This past summer, the Treasury and Internal Revenue Service (IRS) published proposed Treasury Regulations (88 FR 40528 and 88 FR 40496) under two key provisions of the Inflation Reduction Act of 2022 (IRA) designed to enable taxpayers and tax-exempt entities […]

October 24, 2023

On October 19, 2023, the Consumer Financial Protection Bureau (CFPB) announced its long-awaited proposed rule regulating “Personal Financial Data Rights” (the proposed rule). The proposed rule implements Section 1033 of the Dodd-Frank Act, which provides consumers the right to access […]

October 23, 2023

WHAT KIND OF MONEY WE TALKING ABOUT? One of the questions still hanging over the global tax deal is what kind of impact it might have on the bottom line for the Treasury, and for American companies. Republicans in Congress […]

October 17, 2023

The Inflation Reduction Act of 2022 (IRA) incentivizes clean energy jobs by incorporating labor requirements and promoting workforce development within the United States. The IRA introduced proposed regulations (REG-100908-23) and frequently asked questions with guidance on how taxpayers can document […]

October 5, 2023

The information you provide to your tax preparer is as sensitive as it gets. The assumption is that the tax preparation company is only using your data to prepare your taxes. In an enforcement action against Beneficial Corp., the FTC […]

September 14, 2023

When you think of long-term wealth creation, it’s hard to overlook passive income. Thinking of personal finance, passive income promises a steady financial inflow even when you aren’t working anymore. Some sources of passive income even promise the dream of […]

September 14, 2023

Leaders possess the ability to steer company culture in the right direction, but ultimately, it is the people who shape it. Company culture sustains high-performing teams and focuses the work of an organization on achieving common goals. Early in my […]

August 30, 2023

On July 11, 2023, the Senate Finance Committee released an open letter to the Digital Asset Community asking a variety of questions in connection with possible future legislation. Public comments must be emailed to the Senate Finance Committee staff at […]

August 4, 2023

Recently, things may have sped up a little in your doctor’s office. The notes for your recent visit may have been organized and filed a little more quickly. You might have received assistance sooner than expected with a physician letter […]

August 3, 2023

On August 1, the U.S. Court of Appeals for the Tenth Circuit upheld a trial court’s order granting summary judgment in favor of a debt buyer holding that claim preclusion barred the plaintiff’s claims brought under the Fair Debt Collections […]

August 2, 2023

In a much anticipated (yet thoroughly unsurprising) decision, on August 2, 2023, the National Labor Relations Board (NLRB or Board) again reversed precedent, crafting a what’s-old-is-new-again standard for evaluating – and easily invalidating – employer work rules. The long and […]

July 24, 2023

TAXES AND GLOBALISM: It’s difficult to overstate just how influential the 2024 elections will be over U.S. tax policy for years to come. Whichever party gains the most power in Congress and the White House will have the biggest say […]

July 19, 2023

In a recent article by Tax Notes, tax experts expressed their concerns and hopes for the influx of funding granted to the IRS via the Inflation Reduction Act. Gray Reed Partner Joshua Smeltzer was one of the experts interviewed. Board […]

July 5, 2023

On June 25, 2023, US Federal Reserve Board (FRB) Governor Michelle W. Bowman gave a speech that outlined her views of the best path forward for regulatory reform in the wake of the spring 2023 US bank failures (for more […]

June 23, 2023

On 22 June 2023, the European Banking Authority (EBA) published a final report on the draft Implementing Technical Standards (ITS) amending Commission Implementing Regulation (EU) No 650/2014 laying down ITS with regard to the format, structure, contents list and annual […]

May 15, 2023

All is fair in love and war, and by fair we specifically mean the 23 percent national sales tax known as the Fair Tax. If you recall, the proposal, which would get rid of federal income, payroll and estate taxes […]

May 11, 2023

Antitrust enforcement has been heating up over the last few years in several areas – notably in healthcare and labor. As the antitrust climate intensifies and spreads, private equity (PE) firms are starting to feel the heat, finding themselves the […]

April 28, 2023

Business tax credits can be a powerful tool for small businesses to lower their tax bill directly. If you’re eligible for any of the tax savings credits—such as Work Opportunity Tax Credit, Employer Credit for Payroll Taxes Paid on Employee […]