A version of H.R. 5376 (the Build Back Better Act), released on October 28, 2021 by the House Budget Committee, eliminates many…
Five Common Elements of Successful Giving Tuesday Campaigns
By Andrea Espinola Wilson, Adam B. Cole At the height of COVID-19, nonprofit organizations were on the front lines, helping communities…
Unlocking Liquidity: Selling Your Business to an ESOP
An employee stock ownership plan – better known as an ESOP – can be an attractive and tax efficient alternative…
Confused About Crypto? Tax Considerations for Investing in Cryptocurrency
The prevalence of cryptocurrency—or what the Internal Revenue Service (IRS) refers to as “virtual currency”— in investing and financial transactions has increased…
Complying with Year-End Reporting Requirements for Qualified Sick and Family Leave Wages Paid in 2021
The IRS has issued guidance to employers on year-end reporting for sick and family leave wages that were paid in…
House Ways and Means Committee Releases Initial Tax Proposals
On September 13, 2021, the House Ways and Means Committee released draft legislation that proposes a series of tax increases…
