“Usually, in the not-for-profit setting, that means: Where is the office of that employee?” explained Grant Thornton Tax Senior Manager Albert Arazi. In Arazi’s experience, this determines where unemployment tax is paid in the vast majority of cases. However, he noted that it...
Whether you decide tostart a nonprofit, not-for-profit, or for-profit, the initial steps to creating your organization are the same. Start by filing for a business entity in the state in which you wish to run your operations. Your business entity might be a corporation, LLC, sole propriet...
image, and likeness (NIL) policy, college student-athletes have continued to find opportunities to profit without jeopardizing their NCAA eligibility. And though the NIL policy creates an opening for NCAA athletes to earn more income, the new opportunity also comes with specific tax c...
Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors do not provide legal or tax advice. Each client should always consult his/her personal tax and/or legal advisor for information concerning his/her individual situation and to learn about any potential tax or other...
By this, it should be understood that Middle-Easterners, unlike Americans, have no history of exterminating others purely for profit, or on the basis of racial animus. Thus, we can appreciate the fact that they value life – all lives, not just their own – far more highly than do their...
Since these accounts already allow you to use the money tax-free for allowable medical expenses, they cannot be transferred to a living trust. Like retirement accounts, however, you can name the trust as the primary or secondary beneficiary. Active financial accounts. It is not advisable to ...
However, the issue goes well beyond Pennsylvania; it also has vast implications for the U.S. economy and energy security of the U.S. and its allies. Moreover, fracking can also be restricted indirectly, without a formal ban. Indeed, the Biden-Harris administration has limited fracking by in...
Google searches for “recession” are spiking, indicating that the wider public has also become increasingly worried about an economic downturn. Price pressures have been more persistent than initially anticipated – eating into corporate profit margins and diminishing consumers’ purchasing power. ...
In Deloitte's experience, it can be an effective tool for facilitating a highly competitive auction process. In Europe and the UK, it is known as vendor due diligence. A separation can offer significant opportunities to increase the tax efficiency of the separated business, potentially increasing ...
Ongoing IP due diligence is not only a practice for benefit, but it is now a practice for compliance. The Sarbanes-Oxley Act and other corporate disclosure requirements have implications on corporate practices dealing with intellectual property. Because intellectual property may hold great value, and...