Look Who is Sitting on A lot of Cash - Private Equity Funds
Private equity funds that raised capital from limited partners in the 2005 - 2007 timeframe are sitting atop approximately $260 billion in uncommitted capital. There is pressure on the private equity firms to deploy this capital into transactions or be subject to returning it to their investors. View Article
International Tax Alert - FBAR Filing Deadline
Deadline for filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (FBAR), is June 30, 2010.
Companies should diligently review and evaluate compliance with all applicable foreign information reporting requirements. Get a brief summary of FBAR reporting requirements. View Article
State and Local Allocation Tax Changes Affecting Your Bottom Line
State and Local Tax Changes for NY City, NY State, NJ and PA. State and Local Tax laws are being revised to compensate for a tax shortfall in revenue in the tens of billions, due to the slow economy. View Article
Details on the Therapeutic Credit/Grant
Eligible taxpayers may apply for certification from the IRS with respect to a qualifying therapeutic discovery project for a credit or a grant under the program. Each application will be subject to a preliminary review to make sure the project is a qualifying therapeutic discovery project. View Article
How Health Care Reform Affects Companies
The recently passed health care legislation provides a few provisions that will affect companies across various industries. View Article
Tax savings for small businesses
This tax season, small businesses could really use a break. Learn about valuable tax breaks that small businesses shouldn't overlook. Businesses could potentially save thousands of dollars. View Article
IRS relaxes FBAR requirements
The IRS issues guidance on FBAR filing relating to the upcoming June 30th, 2010 deadline for reporting foreign bank accounts for the year 2009 as well as certain prior years' filings. View Article
What keeps business owners up at night may be your funds opportunity
Although the Federal Reserve has expanded the monetary base by over $1 trillion, commercial credit continues to shrink.
It's an opportune time for those with available capital to acquire distressed middle market businesses or business assets at a discount to their intrinsic value. View Article
Don't Get Surprised by a Surprise Custody Examination
To increase protections for investors who entrust their securities and funds to registered investment advisers, the Securities and Exchange Commission (SEC), finalized amendments to the custody requirements of Rule 206(4)-2 under the Investment Advisers Act of 1940 and related forms (Custody Rule). View Article
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