Topics Affordable Care Act Notice 2019-63 Delivers Relief for Providers of Minimum Essential CoverageRevised House ACA Repeal Will Delay Repeal of AMT until 2023 Backup withholding IRS Publishes Last Minute Reprieve for Implementation of New Form 1099-K Reporting ThresholdAdministration Proposes W-9 Requirement for More Reportable Payments CARES Act IRS Repeats Cautions Regarding Aggressive Claims for Employee Retention CreditInfrastructure Bill Will Terminate Employee Retention Credit Retroactively CbC Reporting IRS Updates Country-by-Country Reporting InstructionsNew CAAs on Exchange of CbC Reports Pushes Total to 20 Chapter 3 IRS Releases Form 1042-S Data Integrity Tool to Assist Withholding Agents in Complying With Withholding and Reporting ObligationsJustice Department Continues Criminal Prosecutions in Employment Tax Cases Court Cases Supreme Court Limits Penalties for Nonwillful FBAR Failures in Bittner DecisionSupreme Court Denies New Hampshire’s Challenge to Massachusetts Telecommuter Tax Rule; Convenience of the Employer Lives to See Another Day DAC 6 Citing Brexit, UK Retroactively Curtails DAC 6 Reporting RequirementsDAC 6 Implementation Imminent in Finland and Germany Despite Delays in Other EU Countries and the UK Due to COVID-19 Employee Benefits New D.C. Transportation Benefits Law Creates Potentially Bumpy Road for Employer ComplianceProposed Regulations Regarding TCJA Disallowance for Employee Commuting and Parking Costs a Mixed Bag Employment Taxes IRS Issues FAQs Addressing Tax Treatment of Work-Life Referral Services Provided to EmployeesTreasury Reiterates Position on "On-Demand" Pay FATCA Treasury and IRS Extend Olive Branch to Reporting Model 1 FFIs and Model 1 IGA Jurisdictions Regarding U.S. TIN Reporting for Certain U.S. AccountsIRS Releases Form 1042-S Data Integrity Tool to Assist Withholding Agents in Complying With Withholding and Reporting Obligations FBAR Supreme Court Limits Penalties for Nonwillful FBAR Failures in Bittner Decision FinCEN Supreme Court Limits Penalties for Nonwillful FBAR Failures in Bittner DecisionFinCEN Releases Final Rule on Beneficial Ownership Disclosure Requirements: Seven Things To Know Fringe Benefits IRS Issues FAQs Addressing Tax Treatment of Work-Life Referral Services Provided to EmployeesMaking a Point: Tax Court’s Anikeev Decision Challenges Longstanding IRS Policy on Credit Card Rewards Information Reporting IRS Delays Gross Proceeds Reporting, Basis Reporting, and Transfer Statements between Brokers on the Disposition or Transfer of Digital Assets until Final Regulations are IssuedIRS Publishes Last Minute Reprieve for Implementation of New Form 1099-K Reporting Threshold IRS IRS Issues FAQs Addressing Tax Treatment of Work-Life Referral Services Provided to EmployeesAdministration Proposes Increased Childcare Tax Credit for Employers Legislation Treasury Greenbook Includes Proposal to Alter Work Opportunity Tax CreditTreasury Reiterates Position on "On-Demand" Pay Penalties Supreme Court Limits Penalties for Nonwillful FBAR Failures in Bittner DecisionIRS Releases Form 1042-S Data Integrity Tool to Assist Withholding Agents in Complying With Withholding and Reporting Obligations Regulations IRS Delays Gross Proceeds Reporting, Basis Reporting, and Transfer Statements between Brokers on the Disposition or Transfer of Digital Assets until Final Regulations are IssuedFinCEN Releases Final Rule on Beneficial Ownership Disclosure Requirements: Seven Things To Know Tax Policy Treasury Greenbook Includes Proposal to Alter Work Opportunity Tax CreditAdministration Proposes Increased Childcare Tax Credit for Employers Tax Reform Final 162(m) Regulations Make Few ChangesIRS Issues Final Regulations on Commuting Expenses Deduction Disallowances Tax Treaties IRS Proposes Regulations under Section 1446(f) — Determining the Withholding Amount (Post 2 of 3)IRS Proposes Regulations under Section 1446(f) — Which Party is Required to Withhold? (Post 1 of 3) Uncategorized Treasury Greenbook Includes Proposal to Raise the Additional Medicare Tax Rate for High-Income TaxpayersIRS Updates Country-by-Country Reporting Instructions Worker Classification Senate Bill Would Ignore COVID-19 Assistance in Determining Worker Classification; Treat Certain Benefits as Qualified Disaster Relief PaymentsHiring Employees vs. Independent Contractors: Navigating Classification Issues in a Drastically Altered California Legislative Landscape
