On November 18, 2020, the Internal Revenue Service ("IRS") clarified its stance on the deductibility of expenses paid or incurred by businessowners who participated in the Paycheck Protection Program (“PPP”) by issuing...more
12/2/2020
/ Business Expenses ,
CARES Act ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
IRS ,
Loan Forgiveness ,
New Guidance ,
Paycheck Protection Program (PPP) ,
Popular ,
Safe Harbors ,
Tax Deductions
Private credit appears to be the dominating trend throughout emerging business markets. Businesses seeking to raise capital are finding private investors who, unsurprisingly, are looking to maximize yield, while at the same...more
Any U.S. person with a foreign affiliate is required to file the 2014 Form BE-10, Benchmark Survey of U.S. Direct Investment Abroad by June 30, 2015 or face civil penalties between $2,500 and $25,000. Further, a willful...more
6/6/2015
/ Benchmarks ,
Civil Monetary Penalty ,
Compliance ,
Criminal Penalties ,
Filing Requirements ,
Foreign Affiliates ,
Foreign Direct Investment ,
Foreign Investment ,
Form BE-10 ,
Internal Revenue Code (IRC) ,
Popular ,
Real Estate Investments