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Article

Fox Rothschild LLP | USA | 14 Nov 2011

The U.S. Chamber of Commerce joins the fight against preserving hard drives for all potential class action members

On November 7, 2011, the U.S. Chamber of Commerce (the “Chamber”) filed an amicus brief in support of the motion by KPMG LLP (“KPMG”) to set aside the Southern District of New York’s denial of its application for a protective order.

Article

Fox Rothschild LLP | USA | 22 Oct 2010

IRS issues announcements 2010-75 and 2010-76, 2010-41 IRB, on changes to draft schedule for reporting of uncertain tax positions on tax returns

In Announcement 2010-75, 2010-7 IRB 408, the Service announced that while it intends to retain its existing policy of "restraint" for requesting taxpayers to produce their tax accrual workpapers during an IRS audit examination, it stated it would be developing a schedule requiring certain business taxpayers to report uncertain tax positions ("UTPs") on their tax returns.

Article

Fox Rothschild LLP | USA | 12 Oct 2010

Changes to IRS treatment of cell phone

Effective January 1, 2010, the Small Business Jobs and Credit Act of 2010 removes cell phones and similar telecommunication equipment (such as PDAs, blackberry, smart phones and the like) from the "listed property" provisions of Internal Revenue Code section 274(d).

Article

Fox Rothschild LLP | USA | 31 Aug 2010

Health care industry: DOL intensified focus mandates more awareness

In a recent posting in the Wage Hour Defense Blog, Kara Maciel brought attention to the new, intensified focus by the federal Department of Labor in auditing and inspecting health care facilities.

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