With management teams growing more international, it is common for employees who have been tax resident in the U.K. for many years to also become subject to taxation in another country.
The issuance of a partnership profits interest is a tax-efficient tool for a partnership (including an LLC or other entity treated as a partnership for tax purposes) to incentivize its employees...
The business press is publishing stories on the new Corporate Transparency Act, which requires new filings and carries penalties. Our nonprofit clients have questions about how the new law affects them.
In November 2023, the Colorado Department of Revenue's (CDOR) Taxation Division issued guidance containing mandatory language to be included in notices provided to employees...