Current Articles

• Tax Authorities Looking For Revenue: Now Is Not the Time To Ignore Transfer Pricing
  By TaxConnections Admin
  COVID-19 necessitates a reassessment of the existing transfer pricing paradigms of Multinational Enterprises (MNEs). Supply chain disruptions and changes in consumer demand resulting from the […]
• How To Apply For Payment Protection Program Loan Forgiveness
  By Monika Miles
  In last week’s blog, we discussed the continuing confusion surrounding the deductibility of eligible expenses by small businesses who have received loans through the Paycheck Protection Program […]
• Opportunity Zone Program Deadlines And Guidance
  By Blake Christian
  The IRS issued Notices 2020-18, 2020-20, and 2020-23 (“Notices” or “Notice”) in response to the COVID-19 crisis and CARES Act. These Notices are intended to provide some needed guidance, extended […]
• IRS People First Initiative Limits Certain Enforcement Actions
  By IRS
  The IRS postponed certain compliance actions under a new program entitled “IRS People First Initiative,” effective April 1, and running through July 15 initially, in an effort to help taxpayers […]
• COVID-19 Has Put Bank Digitization On Fast-Forward
  By Andy Rachleff
  Legacy banks aren’t known for their innovative digital products. We’ve said it before: despite their billion-dollar annual IT budgets, banks’ biggest recent innovation has been building smartphone […]