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Ward and Smith, P.A.

Data Security and National Security: Are You the Weak Link?

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International cybercrime is not new.  As a business owner in today's interconnected economy, you know all about the need to protect your technology, financial accounts, business operations, and customer data from digital...more

Dickinson Wright

QuickHits: Executive Order 14117 Comes into Force: Key Considerations for Cross-Border Data Transfers

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Welcome to QuickHits! A concise newsletter that covers current cases, recent hot topics, and/or pressing questions pertaining to the rapidly evolving U.S.-China relationship and related legal and commercial environments....more

Kilpatrick

5 Key Takeaways 2025 | Unclaimed Property Emerging Trends: Delaware VDA and Multistate Audits

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Kilpatrick’s Jordan Goodman and David Hughes recently joined BDO for a discussion of emerging trends around state unclaimed property enforcement measures, including audits, voluntary disclosure agreements, and other outreach...more

Holland & Knight LLP

Proposed Rule Modifies Timing of "Hot Asset" Reporting

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Generally, gain or loss on the sale or exchange of a partnership interest is treated as capital gain or loss except to the extent of so-called "hot assets." Gain attributable to hot assets – generally unrealized receivables...more

B2Gnow

Real-Time Revolution in Labor Compliance

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Construction and field operations are constantly evolving environments where projects, workers, and subcontractors are often spread across multiple sites. Traditional labor compliance software has long focused on back-office...more

McDermott Will & Schulte

IRS roundup: July 12 – July 29, 2025

Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for July 12, 2025 – July 29, 2025. July 15, 2025: The IRS issued Revenue Ruling 2025-14, providing prescribed rates for...more

DCI Consulting

OFCCP Continues to Close Open Audits

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As noted in a prior blog, the Office of Federal Contract Compliance Programs (OFCCP) began issuing administrative closure letters for open audits following Secretary Lori Chavez-DeRemer’s release of Order 08-2025 on July 2,...more

Holland & Knight LLP

Taxpayer Loses Charitable Deduction Due to Lack of Documentation

Holland & Knight LLP on

Each year, individuals and families contribute thousands of pounds of tangible personal property – such as gently used clothing, old toys, furniture and household appliances – to local charities. In turn, charities provide...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

California Finalizes Groundbreaking Regulations on AI, Risk Assessments, and Cybersecurity, Part II: What Businesses Need to Know

In July 2025, the California Privacy Protection Agency (CPPA) Board unanimously approved new regulations pursuant to the California Consumer Privacy Act (CCPA) that specifically address the use of automated decisionmaking...more

Ice Miller

The U.S. Department of Labor Confirms to Employers That a Little Self-Reflection is a Good Thing

Ice Miller on

On July 24, 2025, the U.S. Department of Labor (DOL) issued a news release describing several programs available to employers, unions, and benefit plan administrators designed to strengthen protections for employees, while...more

Blake, Cassels & Graydon LLP

From Paper to Portal: Is Your Business Ready for the CRA’s Digital-by-Default Mail System?

The Canada Revenue Agency (CRA) has taken a significant step into the digital age by making online mail delivered through the My Business Account portal the default method for most business-related communications. This...more

Hogan Lovells

Reform of Mexico's Anti-Money Laundering Law: New measures to combat transactions with funds of illicit origin

Hogan Lovells on

Changes to concepts including Compliance Officer and Controlling Beneficiary of the Federal Law for the Prevention and Identification of Operations with Illicit Resources (by its acronym in Spanish – LFPIORPI) also known as...more

Hendershot Cowart P.C.

Qlarant, Novitas Audits Escalate as Medicare Skin Substitutes Spending Hits $1.6 Billion, CMS Seeks Evidence of Clinical...

Hendershot Cowart P.C. on

The wound care industry faces unprecedented scrutiny as Medicare Part B expenditures for skin substitutes exceeded $1.6 billion in the fourth quarter of 2023 alone. The spending surge has triggered a wave of skin substitute...more

Foley & Lardner LLP

Colorado Medicaid: RAC Program Overhauled with Enhanced Transparency, Greater Provider Protections, and Increased Oversight

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In June 2025, Colorado passed a new law that makes significant changes to the state’s Medicaid Recovery Audit Contractor (RAC) program. Colorado has one of the most aggressive RAC programs in the country that has been rife...more

Ropes & Gray LLP

AI and Tech under the One Big Beautiful Bill Act: Key Restrictions, Risks, and Opportunities

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On July 4, 2025, President Trump signed “The One Big Beautiful Bill Act” into law. While much attention has focused on the bill’s rejection of a proposed 10-year federal ban on state and local artificial intelligence (“AI”)...more

WilmerHale

PCAOB Survives and Continues to Share Guidance with Audit Committees

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Despite the future of the Public Company Accounting Oversight Board coming under threat, the PCAOB continues to release guidance, implement rules, conduct inspections and pursue enforcement actions....more

White & Case LLP

Tax-Exempt Organizations Should Prepare Now For An IRS Tax Audit

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It is an uncertain time to be a tax-exempt public charity or private foundation. The federal government has recently scrutinized certain tax-exempt organizations (see here), and draft congressional legislation proposed a tax...more

PilieroMazza PLLC

SBA Orders Full-Scale Audit of 8(a) Program: What You Should Do to Prepare

PilieroMazza PLLC on

The U.S. Small Business Administration (SBA) recently announced an “immediate and full-scale audit” of its 8(a) business development program. The announcement stems from a “years-long fraud and bribery scheme involving a...more

King & Spalding

OIG Audit of Provider Relief Fund Payments to Hospitals Finds Substantial Noncompliance with Federal Requirements

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On June 13, 2025, OIG announced the results of an audit it conducted of 30 hospitals that received provider relief fund (PRF) payments during COVID-19 (the Audit). OIG found that 11 of the 30 audited hospitals failed to...more

Husch Blackwell LLP

Hospice Insights Podcast - Election Inspection: Be Proactive to Avoid Costly Election Statement Denials

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In an audit, election statement deficiencies can be costly. Auditors deny all claims covered by the problematic election statement, and those costs can multiply if more than one patient was affected. In this episode, Husch...more

Whiteford

Client Alert: Tax Implications of the House v. NCAA Settlement

Whiteford on

The approval of the House v. NCAA settlement marks a watershed moment in college athletics. In addition to $2.8 billion in back damages to former athletes unable to capitalize on the sale of their name, image, and likeness...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Minnesota Contractors’ Workforce Compliance Requirements, Part II: Equal Pay Certificates

The Minnesota Department of Human Rights (MDHR) recently updated several documents on its website for Minnesota government contractors. This is the second article in a series focused on the compliance responsibilities of...more

Hone Maxwell

When is a U.S. International Tax Attorney Needed?

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Individuals and businesses are frequently navigating transactions that span multiple countries. These transactions are often complex, as they navigate multiple jurisdictions’ unique — and often complicated — taxation systems....more

Freeman Law

Posts, Profits, & Penalties | Tax Law & Social Media | Part 4

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As discussed in Part 2, there are many ways social media creators earn income. Social media income, like all income, needs to be reported on federal tax returns....more

Mintz - Health Care Viewpoints

CMS Sheds Light on its Timeline for Expedited RADV Audits

Shortly following its announcement of sweeping changes to RADV audits, CMS shared industry guidance last week regarding upcoming deadlines for the submission of risk adjustment data corrections in advance of RADV sampling....more

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