For many years, carried interest has been a target for tax increases. The President, members of Congress and even billionaires, such as Warren Buffet, have called for an end to this so called tax break for the Wall Street elite.
Bennett Thrasher partner Tom Jollay recently co-authored an article about the importance of succession planning in surety decision, published in the September/October issue of the Construction Financial Management Association’s Building Profits magazine.
On Oct. 30, 2015 an article authored by Ben Miller and Peter Stathopoulos was published in BNA’s Transfer Pricing Report as well as BNA’s Tax Management Weekly State Tax Report.
According to Pitchbook, a leading industry resource on investment activity, global activity in the private equity sector indicates there is a downward spike trending in exit activity or closed funds in the domestic and international market.
On September 30 GlobalAtlanta published an article by Ben Miller and Eunice Gonzalez, directors in Bennett Thrasher’s Transfer Pricing department, about Coca-Cola’s pending $3.3 billion tax liability, stemming from transfer pricing discrepancies.
Real estate? The question arises frequently with cap rates as low as they are in the restaurant real estate space, and aging owners contemplating their wealth and succession. Illiquid as it may seem, real estate is still the foundation of the wealth that has been accumulated over the years.
After years of speculation on the potential influence of the Organization for Economic Cooperation and Development’s (“OECD’s”) OECD Base Erosion and Profit Shifting (“BEPS”) project, countries are beginning to officially adopt some of its recommendations. Specifically, we are seeing the country by country (“CBC”) standard outlined in Action 13 of the BEPS project make its way into legislation.
On Thursday July 2nd, the U.S. Supreme Court ruled on the King v. Burwell case, a 6-3 decision, effectively upholding the insurance subsidies within the Affordable Care Act. After some 50 unsuccessful congressional votes and multiple lawsuits, many saw the case as the last credible attempt to repeal Obamacare.
As the cost of higher education continues to rise, it is important to understand the education incentives available to taxpayers.
Bennett Thrasher is honored to announce that is has been named to INSIDE Public Accounting’s 2015 Best of the Best Firms list for the fourth consecutive year.
Last month, in the proposed fee schedule set to be implemented in January, CMS included a revolutionary change by proposing payments to physicians or other providers for time spent discussing near-end-of life medical choices and wishes.
On July 31, 2015, President Obama signed the “Surface Transportation and Veterans Health Care Choice Improvement Act of 2015.”