• Deferred taxes on offshore fund incentive fees may not be dead after all

    In the recently published Revenue Ruling 2014-18, the Internal Revenue Service (IRS) concluded that certain nonqualified stock options (NSOs) or stock appreciation rights (SARs) would not be subject to the anti-deferral rules of Internal Revenue Code section 457A (section 457A). Generally, section 457A prohibits the deferral of income for service providers that perform services for nonqualified entities (i.e., foreign corporations based in offshore tax havens, entities substantially owned by tax-exempt organizations, or other tax-indifferent parties).
  • Transitioning to NERC CIP Version 5

    The North American Electric Reliability Corporation (NERC) has initiated the transition to Critical Infrastructure Protection (CIP) Version 5. Find out where you are and where you need to be.
  • Baker Tilly healthcare update July 23, 2014

    The pace of change in areas such as Medicare and Medicaid rules, the Affordable Care Act, healthcare regulations and legislation, and Accountable Care Organizations (ACOs) require healthcare and senior living organizations to regularly monitor changes and the potential impact of these changes on their organization.