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Member Articles


What Are the Tax Implications of Changing Your Principal Residence Into a Rental Property (Or Vice Versa)?

A change in use occurs if you convert all or part of your principal residence into a property used to earn income, or vice versa. For example, a taxpayer rents out a room in their home for rental income, or a landlord wa ...

Why Manufacturers Shouldn’t Ignore the Employee Retention Credit

The pandemic has truly disoriented U.S. businesses to their core. It has forced firms to try to keep their businesses operating while complying with strict health protocols and standards. COVID has disrupted the supply c ...

Agreement on Transitional Approach Between India and US for Digital Tax on E-Commerce Supplies

India and the United States have agreed for a transitional approach on equalisation levy or digital tax on e-commerce supplies beginning from April 1, 2022, till pillar one takes effect or March 31st, 2024, whichever is ...

Changes to the Periodic Income Declaration Model 22

The order no. 10911/2021 The order no. 10911/2021, of November 9, 2021, amends and revises the periodic declaration of income Model 22, respective annexes and instructions for filling out, pursuant to article 117(2) of ...

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