Taxation in the United States

Raines Feldman Enters Chicago Market through Addition of Established Business Firm Sugar Felsenthal Grais & Helsinger

Retrieved on: 
Monday, April 3, 2023

After successfully launching a New York office in 2022, Raines Feldman announced that the Los Angeles-based firm is continuing its rapid national expansion with the addition of the well-known Chicago firm, Sugar Felsenthal Grais & Helsinger (SFGH).

Key Points: 
  • After successfully launching a New York office in 2022, Raines Feldman announced that the Los Angeles-based firm is continuing its rapid national expansion with the addition of the well-known Chicago firm, Sugar Felsenthal Grais & Helsinger (SFGH).
  • View the full release here: https://www.businesswire.com/news/home/20230403005377/en/
    Founded in 1981, SFGH has built a stellar reputation in the Chicago community representing middle market and multi-generational companies across the economic spectrum, and high net worth families.
  • “We look forward to contributing to Raines Feldman’s dramatic success nationally as we continue to serve our clients, many of whom we have counselled through several generations and successions,” added Steven Felsenthal, SFGH’s co-founding partner.
  • “Our objective is to grow thoughtfully and maintain that growth without sacrificing our culture,” said Jonathan Littrell, Raines Feldman’s managing partner.

Majority of Expats receive a US Tax Refund for 2021, among findings from MyExpatTaxes User Data Analysis

Retrieved on: 
Friday, August 19, 2022

VIENNA, Aug. 19, 2022 /PRNewswire-PRWeb/ -- This year, for the first time, MyExpatTaxes.com is releasing the analyzed data from their user's 2021 US Expat Tax Returns. MyExpatTaxes is the leading online software platform for Americans living outside the United States to file their US Taxes.

Key Points: 
  • Most Expats will receive a tax refund for 2021 according to user data from MyExpatTaxes.com.
  • This year, for the first time, MyExpatTaxes is releasing the analyzed data from their user's 2021 US Expat Tax Returns.
  • To conduct the study, MyExpatTaxes used anonymized data from users who have already completed their tax returns for the 2021 tax year.
  • According to the data, most users who filed their 2021 tax returns with MyExpatTaxes will receive a tax refund.

Tabor 100 Celebrates Black Philanthropy Month by Raising Funds for Black Business Equity Fund to Protect Black Businesses

Retrieved on: 
Wednesday, August 4, 2021

SEATTLE, Aug. 3, 2021 /PRNewswire/ -- Tabor 100, one of the state's largest minority business advocacy organizations, has a rich and storied history of supporting black businesses.

Key Points: 
  • SEATTLE, Aug. 3, 2021 /PRNewswire/ -- Tabor 100, one of the state's largest minority business advocacy organizations, has a rich and storied history of supporting black businesses.
  • Under the leadership of Ollie Garrett, President and CEO, Tabor has donated more than $460,000 in grants to 26 businesses using the Black Business Equity Fund (BBEF).
  • In the spirit of Black Philanthropy Month, Tabor 100 is working to raise funds for the BBEF throughout August.
  • The organization is now looking to build on that work, and in the spirit of Black Philanthropy Month, Tabor 100 is working to raise funds for the BBEF throughout August.

From the Tax Law Offices of David W. Klasing - Does the IRS' Hiring Spree as Supported by Biden Indicate that They Are Serious About Increasing Enforcement Action?

Retrieved on: 
Tuesday, August 3, 2021

Moreover, only an Attorney can enter you into a voluntary disclosure without engaging in the unauthorized practice of law (a crime in itself).

Key Points: 
  • Moreover, only an Attorney can enter you into a voluntary disclosure without engaging in the unauthorized practice of law (a crime in itself).
  • Only an Attorney trained in Criminal Tax Defense fully understands the risks and rewards involved in voluntary disclosures and how to protect you if you do not qualify for a voluntary disclosure.
  • The money will also find its way into tax litigation & prosecution, allowing prosecutors to mount longer, more effective cases against criminal tax perpetrators.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/from-the-tax-law-offices-of-dav...
    SOURCE Tax Law Offices of David W. Klasing, PC

Enable Midstream Announces Quarterly Distributions

Retrieved on: 
Friday, July 30, 2021

Enable Midstream Partners, LP (NYSE: ENBL) announced that the board of directors of its general partner declared today a quarterly cash distribution of $0.16525 per unit on all outstanding common units for the quarter ended June 30, 2021.

Key Points: 
  • Enable Midstream Partners, LP (NYSE: ENBL) announced that the board of directors of its general partner declared today a quarterly cash distribution of $0.16525 per unit on all outstanding common units for the quarter ended June 30, 2021.
  • Enable also announced today that the board declared a quarterly cash distribution of $0.5439 per unit on all Series A Preferred Units for the quarter ended June 30, 2021.
  • Accordingly, Enables distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.
  • Brokers and nominees, and not Enable, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.

Two of the Oldest Law Firms in Tampa Bay, Florida Are Joining Forces

Retrieved on: 
Monday, August 2, 2021

will be joining them as of August 2, 2021.

Key Points: 
  • will be joining them as of August 2, 2021.
  • This partnership will significantly grow the Firm's practices in the areas of estate planning , probate , real estate , and business law .The following Fisher & Sauls, P.A.
  • attorneys will be joining forces with Battaglia, Ross, Dicus & McQuaid, P.A.
  • : Robert Kapusta (Business, estate planning, real estate), Laurie Valentine (Estate planning and probate), Hunter Rawls (Probate, estate planning and probate litigation), Kenneth "Kip" Thornton (Real estate), and Bruce Marger (Estate planning).

Shield Advisory Group, with its Unique Consultancy Approach, Gives 'Credit' to Small Business with an Ally in D.C.

Retrieved on: 
Monday, August 2, 2021

After much analysis and research, we have found the balance between accessibility and breadth of services American businesses crave."

Key Points: 
  • After much analysis and research, we have found the balance between accessibility and breadth of services American businesses crave."
  • This time around, the IRS actually applied a tax credit to the pandemic period resulting in refunds for small businesses."
  • Shield Advisory Group continuously scours the small business landscape seeking unique solutions for Small Business once only accessible to large businesses."
  • The ERTC is one such Program SAG's innovation has brought to the fore for Small Business.

Cross River Announces Grant of Stock Options

Retrieved on: 
Friday, July 30, 2021

Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Cross River Ventures Corp. (CSE: CRVC) ("Cross River" or the "Company") today announced that it has awarded incentive stock options pursuant to its stock option plan, to various directors, officers and consultants of the Company, to purchase up to an aggregate of 1,000,000 common shares of the Company.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Cross River Ventures Corp. (CSE: CRVC) ("Cross River" or the "Company") today announced that it has awarded incentive stock options pursuant to its stock option plan, to various directors, officers and consultants of the Company, to purchase up to an aggregate of 1,000,000 common shares of the Company.
  • The stock options are exercisable at a price of $0.20 per share and expire two years from the (July 28, 2021) date of grant.
  • Cross River Ventures Corp. is a gold exploration company focused on the development of top tier exploration properties in premier mining districts.
  • Cross River's common shares trade under the symbol "CRVC" on the CSE.

MEDIA ALERT — What’s new with business taxes?

Retrieved on: 
Thursday, July 29, 2021

Several tax breaks were offered to businesses with respect to Social Security and Medicare taxes to help employers retain employees during the pandemic.

Key Points: 
  • Several tax breaks were offered to businesses with respect to Social Security and Medicare taxes to help employers retain employees during the pandemic.
  • Why: Businesses and their tax advisors have been challenged in keeping up with the changes over the past few years.
  • Heading into 2022, businesses could see even more significant legislative and regulatory changes that could introduce new challenges for the foreseeable future.
  • However, the law also brought limits on the business interest deduction and elimination of the net operating loss carryback, both of which were modified in subsequent COVID-19 legislation.

Private and Family Foundations Increase Disbursements to $362.8 Million in Tumultuous 2020

Retrieved on: 
Wednesday, July 28, 2021

FAIRFIELD, Conn., July 28, 2021 /PRNewswire/ -- Foundation Source , the nation's largest provider of management solutions for private foundations, today released its 2021Report on Private Foundations Grantmaking ,a quantitative analysis of how more than 1,000 private foundations deployed charitable capital in 2020.

Key Points: 
  • FAIRFIELD, Conn., July 28, 2021 /PRNewswire/ -- Foundation Source , the nation's largest provider of management solutions for private foundations, today released its 2021Report on Private Foundations Grantmaking ,a quantitative analysis of how more than 1,000 private foundations deployed charitable capital in 2020.
  • "In a year of extreme hardship, foundations answered the call and met urgent needs head-on," said Sunil Garga , President and CEO of Foundation Source.
  • Foundation Source's 2021 Report on Private Foundations Grantmaking provides a year-over-year quantitative analysis of grantmaking activities for a sample of 1,157 private non-operating foundation clients.
  • For more informationregarding foundations' early response to 2020's hardships, review Foundation Source's August 2020 client survey here .