Kathleen King, Managing Director with Alvarez & Marsal Taxand based in Washington, D.C., discusses her recent comments before the IRS about proposed regulations regarding broadening the research tax credit for internal use software.

Every organizational event has a tax impact, yet tax is rarely integrated with other business functions within a company. Historically the corporate tax department, specifically, the indirect tax department, has operated as a function apart from other business functions such as business development, procurement, legal and IT. As a result, a company may see decreased synergies, which can lead to inefficient processes, manual manipulations, underutilized technology and fewer forward-thinking initiatives. Consider what an advantage it could be if the indirect tax team were in regular communication with and shared information with critical business units.

Initially change often causes tumult. We know this because we are called in to help companies deal with change; whether they are engineering a transformation or tackling distress.

In 2004, Congress enacted Section 409A of the Internal Revenue Code, which places strict requirements on nonqualified deferred compensation plans. Since that time, the IRS has issued numerous pieces of guidance.

An educational institution realized that its compensation and benefits programs were in need of an overhaul. A&M was engaged to recommend changes that would better reward senior performance and make the programs cost effective.

The referendum in the United Kingdom on whether to leave the European Union has produced a clear, if close, result in favor of leaving.

Yesterday, the U.S. Treasury Department held its much-anticipated hearing on the controversial proposed earnings stripping regulations under Section 385 of the Internal Revenue Code. We attended the hearing on behalf of our clients and readers.

Michael Stewart joins as a Managing Director in Toronto, Canada. Mr. Stewart brings nearly 20 years of experience in providing restructuring advice to corporations and their stakeholders across a broad spectrum of industries.

A&M has expanded the breadth and depth of its Global Forensics and Disputes practice with four seasoned practitioners who will each join as Managing Directors and bring with them highly sought-after economic, regulatory and forensic expertise. The operational, regulatory and academic qualifications among this group illustrate the kind of talent and leadership A&M brings to help solve complex client problems.

Consumer products businesses face the largest growth opportunity in their history.

They also face some of their biggest challenges, for which their history does not prepare them well. Those that find recipes for success in both high growth and developed markets will be the winners.

While most American consumers welcome the declines in gasoline prices that have accompanied falling crude oil prices, the impacts are not uniformly beneficial. Part one of this two-part series focuses on the impacts of falling prices on individual companies and on the real estate markets of energy-dependent areas.

The U.S. healthcare system is not yet prepared for the influx of aging Baby Boomers and their medical, behavioral, functional and social needs. Embedded inefficiencies exist. Facility-centric care predominates. However, a glimmer of change driven by patient-centric payment reform has begun to emerge. Read our report for perspective on the rapidly aging U.S. population, the evolution of payment reform and the implications of all the changes to the post-acute care sector.

The Internal Revenue Service (“IRS”) has focused its attention on closing the tax gap and one way it hopes to do so is by collecting under-withheld employment taxes.

In this article, Tax Senior Advisor Ken Brewer and Tax Managing Director Albert Liguori discuss whether Treasury acted within the bounds of its congressionally delegated authority in releasing the proposed regulations under section 385.