Guidance Released for PPP Loan Forgiveness
On August 4, 2020, the Small Business Administration and the Treasury Department issued a set of FAQs devoted to the…
On August 4, 2020, the Small Business Administration and the Treasury Department issued a set of FAQs devoted to the…
We’ve written before about the IRS focus on captive insurance companies. While states often lag behind the IRS in enforcement of…
Over the summer, we discussed the Service’s announcement that its Large Business and International (LB&I) Division planned to launch a new…
What lessons should practitioners draw from the Supreme Court’s June 22, 2020, decision denying certiorari in Altera Corp. v. Comm’r…
Recently, Douglas O’Donnell, Commissioner of the IRS’s Large Business and International (LBI) division, announced the Service’s intention to launch a…
The Paycheck Protection Program (“PPP”) created by the CARES Act, P.L. 116-36, provides forgivable loans to small businesses, those with…
The Coronavirus pandemic has not slowed the Internal Revenue Service’s campaign with respect to micro-captive insurance companies. Following an announcement…
IRS Large Business and International (“LB&I”) employees oversee most large case examinations. In a Feb. 25, 2020 Memorandum, LB&I management…