• Key reminders on the Affordable Care Act

    Following the King v. Burwell decision, where the Supreme Court ruled taxpayers who purchase health insurance on a federal healthcare marketplace exchange (federal exchange) are entitled to subsidized premium credits, we want to remind you of a few key Affordable Care Act (ACA) items. These reminders are even more important as Congress recently raised the penalty amounts for failure to properly report the required information.
  • FATCA update: IGA status and reporting deadlines

    With the Foreign Account Tax Compliance Act (FATCA) now in full swing, both US and foreign taxpayers are being asked about their FATCA status. Foreign financial institutions (FFIs) generally have to comply with the withholding, reporting, and due diligence requirements of FATCA if they receive US source income.
  • Is a REIT a good idea?

    Baker Tilly and Winthrop & Weinstine co-hosted a webinar that provided an overview of real estate investment trust (REIT) fundamentals. The REIT framework allows developers a tax-efficient structure that can drive investor value while providing regular income streams.