Newsletters

10.06.11

IRS Announces Worker Classification Settlement Program

In a news release dated September 21, 2011 (IR-2011-95) and Announcement 2011-64, the Internal Revenue Service (the "IRS") announced a new voluntary classification settlement program (the "VCSP") as part of its overall "Fresh Start" initiative to get taxpayers into ...


07.19.11

California Enacts New Registration Requirements For Out-Of-State Retailers

On March 24, 2011, we sent out a newsletter detailing the "economic nexus" rules that had recently come into effect in California (a copy of which can be found here).


07.12.11

California Franchise Tax Board Releases Guidelines for New Voluntary Disclosure Initiative

In March of this year, Governor Brown signed into law Senate Bill 86, which, among other things, authorizes the Franchise Tax Board (FTB) to administer a new California voluntary disclosure initiative (the “2011 California Initiative”) for eligible California taxpayers (each, a ...


04.28.11

California's New Apportionment Rules for Multistate Taxpayers

Over the past two years, the California legislature has enacted significant changes in California tax law, including a substantial modification to California’s apportionment rules (the “New Apportionment Rules”) used to determine California-source business income, for franchise ...


03.24.11

California Franchise Tax Board Releases Guidance on New "Economic Nexus" Rules

For taxable years beginning on or after January 1, 2011, new "economic nexus" rules came into effect in California.


03.07.11

Cautious Due Diligence Defeats Allegations of Conspiracy and Gun Jumping

The Seventh Circuit Court of Appeals recently offered rare and detailed guidance on how merging competitors may share sensitive information during the due diligence process without violating antitrust proscriptions.


02.17.11

Act II: IRS Announces Another Offshore Voluntary Disclosure Program




12.17.10

President Signs the 2010 Tax Relief Act Giving Taxpayers a Measure of Tax Certainty

On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (HR 4853) (the "2010 Tax Relief Act").


10.06.10

Small Business Jobs Act of 2010 Provides Targeted Tax Incentives for Businesses

On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010 (HR 5297) (the “Act”).


08.10.10

International Joint Ventures: An Overview 

Joint venture arrangements are a common and sometimes practical or necessary alternative to M&A transactions to allow a company to expand into new markets.