Overview We reported in May on the provisions in the House’s One Big Beautiful Bill addressing two of President Trump’s campaign promises – no taxation of tips and overtime. The Senate has now passed its version of the One Big Beautiful Bill, which includes its version of these provisions in sections 70201 and 70202. See our prior blog post here for a detailed discussion of the House provisions. While the basic structure of the provisions…
Reductions in force (RIFs) are rarely straightforward—especially for multinational employers. Navigating conflicting labor laws, benefits obligations, cultural expectations,…
Overview Above-the-line deductions for qualified tips and qualified overtime While we do not often report on proposed legislation,…
The Singapore Budget 2025 is introducing a welcome change to the requirements for obtaining a tax deduction for…
In Brief Argentina has recently relaxed its currency control restrictions for individuals, which should allow optionees to exercise…
On April 11, 2025, the US Securities Commission’s Division of Corporation Finance issued six new Compliance and Disclosure…
Are you ready for this year’s reporting? Following the end of the UK tax year on April 5,…