Tax Law

Recent Posts

Qualifying Health-Sciences Companies Should Act Quickly to Secure Available Tax Credits and Grants for Investments in Therapeutic Discovery Projects
Posted on 4 Jun 2010 by P. DeStefano, W. Gaede, J. Selby, T. Stephens

The Patient Protection and Affordable Care Act of 2010 has added a section to the Internal Revenue Code, providing a 50 percent tax credit for eligible taxpayers who invest in qualified therapeutic discovery projects in 2009 and 2010. The Patient... Read More

Plan Amendments Required in 2010
Posted on 24 May 2010 by Alice Murtos and Joanna G. Myers

LEGAL ALERT May 18, 2010 As we approach the midway point of 2010, plan sponsors should be aware of amendments that may be required to be made by the end of the year under the Pension Protection Act of 2006 (PPA), the Heroes Earnings Assistance and... Read More

Pepper Hamilton LLP: IRS Provides Additional Guidance on Form W-2 Informational Reporting Requirements
Posted on 31 Jan 2012 by Pepper Hamilton LLP

By Michael A. Kadlec and Joseph F. Murphy On January 3, 2012, the Internal Revenue Service issued Notice 2012-9 (available at http://www.irs.gov/pub/irs-drop/n-12-09.pdf ), which restates and clarifies previously issued guidance on the requirement... Read More

New Rules on Extension of Health Plan Coverage to Children Up to Age 26
Posted on 13 May 2010 by Carol Weiser and Vanessa Scott

LEGAL ALERT May 12, 2010 An interim final rule implementing the mandatory extension of health plan coverage to children up to age 26, as passed under the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation... Read More

Sutherland Legal Alert: Repeal of Expanded Form 1099 Reporting Requirements Signed into Law
Posted on 20 Apr 2011 by Eversheds Sutherland LLP

By William R. Pauls , Carol P. Tello , and Robert S. Chase On April 14, 2011, the President signed into law H.R. 4, the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 (the Act), which repeals the expanded... Read More

IRS Issues Guidance on the Deduction Limitation of Code Section 162(m)(6)
Posted on 3 Jan 2011 by Eversheds Sutherland LLP

By Carol A. Weiser and Vanessa A. Scott On December 23, 2010, the Internal Revenue Service issued Notice 2011-2, providing long-awaited guidance on the application of Internal Revenue Code (Code) section 162(m)(6) as added by the Patient Protection and... Read More

IRS Issues Guidance Delaying Enforcement of Nondiscrimination Rules for Insured Health Plans
Posted on 3 Jan 2011 by Eversheds Sutherland LLP

By Carol A. Weiser and Vanessa A. Scott On December 23, 2010, the IRS issued Notice 2011-1 regarding the application of the nondiscrimination rules under Internal Revenue Code (Code) section 105(h) to non-grandfathered insured group health plans pursuant... Read More