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Recent Posts
Posts by David M Robson
22 August 2024
Jet Set and Tax Savvy: Navigating Taxes for the Global Traveler
In an increasingly globalized economy, foreign business travel has become a staple for many companies seeking to expand their reach, forge new partnerships, and stay competitive. However, the financial implications of such travel, particularly in light of tax considerations, can be complex.
David M Robson22 August 2024
Should Tips Be Tax-Free? How Recent Proposals Could Change the Way You Tip
In recent years, tipping culture has seen significant changes, particularly with the rise of digital payment kiosks and self-checkout lanes. A CBS News article recently questioned, “Are tip requests getting out of hand?,” pointing out the shift from traditional tipping practices to new scenarios like tipping on to-go coffees and takeout orders.
David M Robson21 August 2024
Beware of Scams Targeting Corporate Transparency Act Reporting Requirements!
The Corporate Transparency Act (CTA), enacted as part of the Defense Authorization Act for Fiscal Year 2021, represents a significant legislative effort to enhance corporate transparency and combat illicit financial activities in the United States. The CTA mandates the electronic reporting of beneficial ownership information (BOI) to the federal government’s Financial Crimes Enforcement Network (FinCEN), aiming to curb money laundering, terrorism financing, and other forms of illicit finance. However, the CTA has also given rise to various scams targeting businesses and individuals.
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