Proposed IRS Rules Would Expand Mandatory Electronic Filing
In accordance with the Taxpayer First Act, new proposed regulations would require more exempt organizations, partnerships, and businesses to file annual tax returns and forms electronically.
IRS Issues Rules for Recapturing Pandemic-Related Employment Credits
The IRS will treat erroneous refunds of COVID-19-related paid sick and family leave and employee retention credits paid to employers as underpayment of taxes, according to new temporary regulations.
Characterizing Student Athletes as Employees: It’s Complicated
Alexander Reid, partner at the law firm BakerHostetler, discusses issues raised by a memo from the National Labor Relations Board General Counsel, which proposed to classify some college athletes as employees.