Tag: tax

Business Law & Regulations, Employment & Labor

How To Qualify For The Home-Office Tax Deduction

April 9, 2021

Via: Investopedia

The technological revolution has given rise to the personal computer, the internet, email, file sharing and video conferencing. Put all these together and you have the makings of a home office. This is a place where you can do all […]

Tax Code, Regulations and Guidance

G-20 to Seek Agreement on Global Minimum Tax Rate by Mid-2021

April 7, 2021

Via: The Wall Street Journal

Finance ministers from the Group of 20 leading economies Wednesday said they hope to agree on a minimum tax rate for company profits by the middle of this year as part of a wider overhaul of the way international businesses […]

Tax Code, Regulations and Guidance

Nike, HP and Other Large Corporations Got Away With Not Paying Any Federal Taxes on Their 2020 Profits

April 5, 2021

Via: Entrepreneur

As many as 55 of the U.S.’ largest corporations did not pay any federal taxes on their 2020 profits, according to the Institute on Tax and Economic Policy (ITEP). The companies, which include Con Edison, Dish Network, FedEx, HP, Nike […]

Business Law & Regulations, Employment & Labor

NannyChex Review: Is It the Right Payroll Solution for Your Business?

March 26, 2021

Via: Fit Small Business

NannyChex is an exclusive pay-as-you-go payroll and tax solution that caters to household employers. You get a dedicated payroll specialist who handles your account every time—they even set up your tax accounts. Overall, it’s priced higher than some nanny payroll […]

Business Law & Regulations, Employment & Labor

Biden Labor Department to withdraw Trump-era independent contractor classification rule

March 15, 2021

Via: Jurist

The US Department of Labor on Thursday proposed to withdraw a Trump-era rule making it easier for companies to classify employees as independent contractors. The rule was promulgated shortly before President Joe Biden’s inauguration but has not gone into effect […]

Tax Code, Regulations and Guidance

‘Cataclysmic’ decision striking down strict liability drug law puts past convictions at risk in this state

March 15, 2021

Via: ABA Journal

Years of convictions could be at risk following a Washington Supreme Court decision that struck down the state’s felony drug possession law. The state supreme court ruled Feb. 25 that the state’s strict liability law is unconstitutional because it doesn’t […]

Business Law & Regulations, Employment & Labor

1 Year Into Pandemic, It’s Time To Rethink Law Firm Billing

March 12, 2021

Via: Law360

The past year has been one of uncertainty and change, leaving no person or business exempt from the new realities resulting from the global pandemic as well as social and political unrest. From significant financial pressures to a rapidly changing […]

Business Law & Regulations, Finance

New York Secures $105 Million Dollars from Hedge Fund Manager’s Tax Fraud

March 5, 2021

Via: National Law Review

Earlier this week, New York Attorney General Letitia James issued a press release announcing that the State and City of New York recovered $105 million dollars in owed taxes and damages under New York’s false claims act tax fraud statute […]

Business Law & Regulations, Workplace Safety & Health

OSHA’s Job Is Workplace Safety. In the Covid-19 Pandemic, It Often Struggled.

March 4, 2021

Via: The Wall Street Journal

The Occupational Safety and Health Administration faced one of the biggest workplace-safety challenges in its 50-year history when the coronavirus struck. It didn’t meet the moment. Instead of thoroughly investigating complaints of unsafe practices at workplaces, the federal agency and […]

Financing your Business

Pandemic worsens already-growing debt problem with many legal remedies on hold

March 2, 2021

Via: ABA Journal

As a business debt lawyer in New York City, Jocelyn Nager has seen an increase in not only the amount of money her clients are owed since the pandemic began, but also the sometimes-ruinous consequences that stem from not being […]