The IRS audit rules for all partnerships (including LLCs that are taxed for income tax purposes as partnerships) have changed dramatically.
Showing page 3 of 56
By J. Marc Ward
Last week we talked about a unique bidding process, which ended up being a success for the selling bank. This week we will look at an example of how not to conduct an auction.
Immigration Bills Fail in Senate, Including DACA; House Bill's Prospects Appear Dim; Second Court Enjoins DACA Rescission
Four immigration bills failed in the U.S. Senate, and a House bill appears doomed. Also, a second court enjoined DACA rescission, with a nationwide preliminary injunction while lawsuits proceed. The decision included certain limitations.
President Donald Trump signed a National Security Presidential Memorandum to establish a National Vetting Center "to coordinate the efforts of departments and agencies to better identify individuals seeking to enter the country who present a threat to national security, border security, homeland security or public safety."
State of the Union Speech Outlines Immigration Reform Proposal; White House Releases 'Framework' on Immigration and Border Security
President Donald Trump outlined several immigration-related themes during his State of the Union address on January 30, 2018. Also, the Trump administration released its "Framework on Immigration Reform & Border Security" on January 25, 2018.
Sens. Orrin Hatch (R-Utah) and Jeff Flake (R-Ariz.) introduced the "Immigration Innovation (I-Squared) Act of 2018" in the U.S. Senate on January 25, 2018. The bill (S. 2344) would authorize additional visas for “well-educated aliens” to live and work in the United States.
Temporary protected status (TPS) for El Salvador will be terminated effective September 9, 2019. The 60-day re-registration period began January 18, 2018, and runs through March 19, 2018.
USCIS Automatically Extends EAD Validity for Certain Haitians With TPS; Re-Registration Period Now Open
The designation of Haiti for TPS will expire on July 22, 2019. Current beneficiaries of TPS under Haiti's designation who want to maintain that status through the program's termination date must re-register by March 19, 2018.
The DOL's Office of Foreign Labor Certification alerted employers and other interested stakeholders about a process change "to better assure fairness regarding the issuance of H-2B temporary labor certifications due to the unprecedented volume of applications received on January 1, 2018."
U.S. Customs and Border Protection (CBP) issued a memorandum providing guidance and standard operating procedures for border searches of electronic devices.