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Tag: tax


Business Law & Regulations, Finance, Tax Code, Regulations and Guidance

Companies Revisit Financial Forecasts Ahead of Potential Tax Changes

January 20, 2021

Via: The Wall Street Journal

Companies are ramping up their financial forecasting and planning to prepare for potential changes to the U.S. tax code under the incoming Biden administration, which are now more likely after Georgia’s runoff elections handed Democrats control of the Senate. Joe […]


Business Law & Regulations, Employment & Labor

Top Five Labor Law Developments for December 2020

January 19, 2021

Via: National Law Review

The union filed a petition to represent a unit of roughly seven dockworkers and clerks at the distribution center, but the employer contended that a proper unit must also include seven drivers based at the same facility. Rejecting the employer’s […]


Tax Code, Regulations and Guidance

What Is the Nanny Tax & How To Pay it in 2021

January 13, 2021

Via: Fit Small Business

If you are paying someone to do regular work in your home, whether a nanny, cook, housekeeper, gardener, or other, you may be liable for taxes. Nanny taxes can comprise up to 13.65% of your employee’s wages, not counting federal […]


Business Law & Regulations, Finance

Cape Verde court rules Maduro financier can be extradited to US for money laundering charges

January 6, 2021

Via: Jurist

The Cape Verde Court of Appeal of Barlavento ruled Monday that Colombian lawyer and businessman Alex Nain Saab Moran can be extradited to the US, where he faces money laundering charges on behalf of Venezuelan President Nicolás Maduro’s government. The […]


Tax Code, Regulations and Guidance

4 Questions to Ask Yourself During the 2020 Tax Season

January 4, 2021

Via: Entrepreneur

The 2020 tax season is set to be one of the most difficult yet due to the changes implemented in the CARES Act, the Paycheck Protection Program and more. It’s important to take the time to understand how these changes […]


Business Law & Regulations, Employment & Labor

DOL Issues Guidance on the Expired FFCRA

January 4, 2021

Via: SHRM

Employers are not required to provide Families First Coronavirus Response Act (FFCRA) leave after Dec. 31, 2020, but may voluntarily decide to do so, the U.S. Department of Labor (DOL) announced. “The Wage and Hour Division is attuned to the […]


Business Law & Regulations, Employment & Labor

Uber, Gig Companies Seek Labor Deals to Avoid Workers Becoming Employees

December 30, 2020

Via: The Wall Street Journal

BARCELONA—Gig-economy companies in Europe, under pressure over employment rights, are looking to strike labor agreements that give workers some benefits but stop short of making them employees. Uber Technologies Inc. and Amazon.com Inc.-backed Deliveroo are among a number of food-delivery […]


Tax Code, Regulations and Guidance

Global Digital-Tax Detente Ends, as U.S. and France Exchange Blows

December 30, 2020

Via: The Wall Street Journal

Detente is ending in the global fight over tech taxes. Earlier this year, France agreed to suspend collection of a tax on digital revenue from large technology companies such as Facebook Inc., Amazon.com Inc. and Alphabet Inc.’s Google. Meanwhile, the […]


Business Law & Regulations, Privacy

Trump cites failure to roll back tech company immunity in vetoing defense budget

December 24, 2020

Via: Jurist

President Trump followed through on threats to veto the National Defense Authorization Act (NDAA) on Wednesday, complaining that it “fails to make any meaningful changes to Section 230 of the Communications Decency Act, despite bipartisan calls for repealing that provision.” […]


Tax Code, Regulations and Guidance

Philadelphia City Council Approves Changes to Tax Abatement Programs and Imposes Residential Construction Tax

December 24, 2020

Via: National Law Review

On Dec. 10, 2020, the Philadelphia City Council approved three bills that would change the city’s tax abatement programs and impose a new residential construction tax. As of the date of this writing, Bill No. 200366 has been signed into […]