News & Insights
Be Careful When the Terms of An Acquisition Seem Too Good to be True – They Usually Are
When there is a cross-border merger and acquisition there are additional complexities to plan for, typical acquisition planning in one country may be different than
ERC – Voluntary Disclosure Program Overview (Employee Retention Credit Series)
The ERC was first introduced in March 2020 to help employers retain employees through the Covid-19 pandemic. The IRS has made it a priority to
Employee Retention Credit (Employee Retention Credit Series)
The Employee Retention Credit (“ERC”) was first introduced in March 2020 to help employers retain employees through the Covid-19 pandemic. The Internal Revenue Service (“IRS”)
Beneficial Ownership Information Report
Starting this year, most companies doing business in the US must report information about their beneficial owners (“BOI” or “BOI report”) to the US Department
Target Company: Be Careful in Changing its Tax Status Preacquisition at the Insistence of the Acquiror
Target companies in mergers and acquisitions are often directed by the acquiror to change its tax classification preacquisition for U.S. tax purposes. There are several
Immediate Action to Apply for the ERC – Voluntary Disclosure Program
It is important for employers who made questionable claims for the Employee Retention Credit (“ERC”) to take immediate action to determine whether the ERC Voluntary
A Toast to 2023: Significant Developments from Klug Counsel
We would like to take this opportunity to share some exciting developments at the firm that further our commitment to provide customized services to our
U.S. Taxation of U.S. Citizens Living Abroad, Including Planning Opportunities
U.S. citizens are subject to tax on their worldwide income no matter where in the world they reside.
U.S. Taxation of Foreign Nationals Working in the U.S., Including Planning Opportunities
As multinational corporations continue to expand their operations globally, they must navigate a complex web of tax regulations and laws. It is essential that they