Minnesotans are wondering: could or should they change their residency to achieve income tax savings?
Diamonds are Forever, But I Have a Theory that Roger Moore’s James Bond Killed the Three-Martini Lunch
Could the latest amendment to the Tax Cuts and Jobs Act of 2017 mark the return of the “three martini lunch”? Maybe, at least through 2022.
To alleviate burdens on taxpayers and their representatives, the IRS allowed temporary use of electronic signatures for a limited number of tax forms.
The process that organizations go through during the preparation, deal, and integration phases of an M&A transaction are fraught with tax issues. Learn how Fredrikson & Byron can help.
On April 17, 2021, Gary Gensler was sworn in as Chair of the SEC. Mr. Gensler was nominated by President Biden on February 3, 2021, and confirmed by the U.S. Senate on April 14, 2021, by a 53-45 vote.
On April 16, 2021, the SEC announced that it had voted to reopen the comment period on the so-called universal proxy rule, which has languished at the SEC since its initial proposal in 2016.
SEC Enforcement Actions Target Companies for Hiding Upcoming Restatements When Seeking Additional Time to File Periodic Reports
On April 29, 2021, the SEC announced settled charges against eight companies for failing to disclose in Form 12b-25 filings that their request to file a delayed quarterly or annual report was caused by an anticipated restatement or correction of prior financial reporting.
On April 15, 2021, the SEC announced an award of over $50 million to joint whistleblowers who alerted the agency to securities law violations involving highly complex transactions that would have been difficult for the SEC to detect on its own.
Public companies have relied heavily on the use of non-GAAP financial measures throughout the COVID-19 pandemic, according to a recent MarketWatch article.
On February 24, 2021, Acting SEC Chair Allison Herren Lee issued a statement directing the SEC’s Division of Corporation Finance to enhance its focus on climate-related disclosure in public company filings.