News

The federal government spends approximately $500 billion in private sector contracts every year. Over 20% of those contracts must be awarded to small businesses.

There has been recent turmoil in the U.S. stock markets over the past few weeks as the country starts to take steps toward reopening as a result of the pandemic. However, financial institution stocks have been buoyed by anticipated increases in interest rates.

Why It Matters - On May 10, the Internal Revenue Service (IRS) issued Notice 2021-26, which states that unused employer-provided dependent care assistance program (DCAP) benefits from 2020 or 2021 that are used in the next year remain excludable from gross taxable income in the year used.

Although the Biden administration has yet to issue many new substantive air quality regulations, Biden’s EPA recently issued two rules revoking Trump-era procedural regulations that should pave the way for a more aggressive regulatory agenda.

Summary - The IRS issued guidance on a wide range of questions pertaining to the subsidies that employers are required to offer to COBRA qualified beneficiaries under the American Rescue Plan Act....
By: Ballard Spahr LLP

This date has amazingly two great milestones in aviation history. The first is Charles Lindberg’s solo crossing of the Atlantic in 1927. Then five years to the day, Amelia Earhart duplicated the feat by becoming the first woman to cross the Atlantic solo.

On April 19, 2021, Florida joined a growing number of states in enacting legislation imposing sales and use tax collection obligations on remote sellers lacking a physical presence in the state and requiring so-called marketplace providers to collect and remit sales and use tax with respect to ta

The Cybersecurity & Infrastructure Security Agency (CISA) and the National Institute of Standards and Technology (NIST) jointly published a new resource as part of their ongoing efforts to promote awareness of, and help organizations defend against, supply chain risks.

In today’s edition of Daily Compliance News: · Colonial Pipeline now wants to hire cybersecurity mgr. (WaPo) · Tim Cook to testify. (CNN) · US seeks minimum 15% international corp tax. (NYT) · MacDonald’s accuse of racial discrimination in ad spending. (WSJ)...

In this episode, Shai and Roderick get “shagadelic” with the Austin Powers trilogy. Our co-hosts investigate how Dr. Evil, a Belgian criminal mastermind, and Austin Powers’ arch nemesis, found himself running a world-famous coffee company in Seattle, Washington.

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