• 03.27.20

    Employee Retention Tax Credit for Employers Subject to Closure Due to COVID-19

    To help employers (including tax-exempt organizations) affected by the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748) provides for an employer federal tax credit against the Social Security portion of payroll tax that the employer pays.

  • 03.27.20

    Miscellaneous Employee Benefit Provisions of the CARES Act

    From March 27 through the end of 2020, employers may use an Internal Revenue Code Section 127 educational expense reimbursement plan to assist employees in repaying their student loans obtained for qualified higher education.

  • 12.20.17

    Limitation on Deduction of Executive Compensation in Excess of $1M

    The recently enacted Tax Cuts and Jobs Act substantially modifies the limitation on corporate deductibility of executive compensation under Section 162(m) of the Code.

  • 05.23.16

    Partners Are Not Employees, Yet

    Recently the IRS issued guidance in the form of temporary and proposed regulations clarifying that individuals who are partners in a partnership that itself owns a disregarded entity are not to be treated as employees of the disregarded entity for various tax law purposes.

  • 02.12.16

    PATH Act Amends FIRPTA

    Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA) in 1980 to impose U.S. income tax on certain foreign persons that invest in United States real property interests (USRPI).

  • 01.26.16

    The Built-In Gains Tax

    Many business owners are aware that, if a business is operated through a C corporation, the corporation pays tax on the profits and, when the profits are distributed to the shareholders in the form of dividends, the shareholders pay tax on the dividends.

  • 11.18.15

    Keeping Faith With Your Investment Banker

    Fairness opinions are a long-established fixture of the public M&A deal process.

  • 12.22.14

    President Signs Extender Tax Breaks at Year End

    There is a group of approximately 50 tax provisions that are enacted as temporary measures, but which Congress routinely reenacts.

  • 08.12.14

    Manatt Ranked Among Top Firms in Corporate Control Alert 2014 Six-Month Banker Representations List

    Manatt is pleased to announce its ranking among the top law firms in Corporate Control Alert’s 2014 Six-Month Banker Representations list for number of deals.

  • 05.07.14

    Virtual Currency & IRS Reality

    The Internal Revenue Service recently issued Notice 2014-21 to provide guidance for the tax treatment of virtual currency, such as Bitcoin.

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