A ruling from the federal district court in the Northern District of Texas, penned by Judge Reed O’Connor, held a part of the Patient Protection and
Recently, in Lucia v. Securities and Exchange Comm’n, 138 S. Ct. 2044 (2018), the Supreme Court decided when administrative law judges must be
A significant change in NLRB precedent during the last few years was the added requirement that an employer bargain over discretionary aspects of
Using the definition of insurance for tax purposes promulgated by the Supreme Court in 1941 in Helvering v. LeGierse, 312 U.S. 531 (1941), as explained and implemented by later opinions and IRS Revenue Rulings, the IRS has issued a private letter ruling stating that on the facts presented to it, the reinsurance of various workers’ compensation, property and crime risks by a captive constituted insurance for tax purposes, and that the reinsurer was an insurer for tax purposes.
As you are aware, Section 409A of the Internal Revenue Code governs the taxation of deferred compensation broadly defined to encompass most compensation earned in one year and paid in a later year (excluding amounts under qualified plans).
Most club managers - thankfully - are not attorneys or accountants.
IRC Section 1031 is one of the most useful sections of the Internal Revenue Code for taxpayers.
The IRS made public on January 25, 2008, a private letter ruling (PLR 200804004) that signals a major change in its rulings policy on a key Internal Revenue Code Section 162(m) issue.