Today, the House Ways and Means Committee released the statutory language and detailed explanation of its long-awaited, 429-page tax reform bill, the Tax Cuts and Jobs Act. This bill is the culmination of more than a year of anticipation and speculation about competing plans, from the 2016 House Blueprint, to candidate Trump’s plan, to President Trump’s April one-pager and most recently to the September Framework proposal. We are feverishly reviewing the package for our clients; watch for coming editions of Tax Advisor Weekly where we will share our planning insights.

Alvarez & Marsal Taxand, LLC (A&M Taxand), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), announces the addition of Denver-based Compensation & Benefit Solutions, a leading provider of compensation and benefit services to clients across the United States, effective today.

On October 18, 2017, A&M Taxand hosted a webinar on Global Tax Transparency and Perspectives from the EU, UK and Asia. The webinar discussed the following key international tax compliance updates which are set to impact taxpayers engaged in more aggressive tax planning, as well as raise practical issues for typical planning and compliance.

Sometimes the lines between personal and company data become blurred when individuals use their work devices for personal uses and vice versa. In the event of an investigation, that data will be highly sought after.

Economic pressures, aggressive lending and evolving compliance and conduct expectations have prompted heightened regulatory scrutiny on financial institutions.

The federal research and development tax credit was finally made permanent in late 2015 under the Protecting Americans from Tax Hikes (PATH) Act.

While tax leaders at some technology companies may still be spinning in the aftermath of the BEPS initiative and the European Commission’s state aid crackdown (e.g., the 13 billion Euro tax bill directed at Apple last year), recent events suggest that the real haymaker at U.S. tech companies operating in the EU may be yet to come (and possibly soon).

With a return of normalized IPO market conditions, more private companies will likely seek public status as we move into 2018.

Both pure-play and brick and mortar retailers must be prepared to meet high customer expectations this holiday season.

In Chief Counsel Advice Memorandum 201724025, the IRS considered an employer’s liability for employment taxes where the staffing agency that provided employees to the employer failed to pay the taxes.

By now you’ve surely heard about the “Unified Framework for Fixing Our Broken Tax Code” (hereinafter “the Framework”).