The term “millennial” refers to those born between the early 1980’s and early 2000’s. According to Deloitte’s Millennial Survey, it is estimated that by 2025, millennials will account for 75% of the global workforce; and a 2016 Forbes article stated that 40% of companies were currently employing 50 or more
Farkouh, Furman & Faccio has been featured in a membership case study by Alliott Group, an international alliance of accounting and law firms operating across over 70 countries. FF&F has been a proud member since 2012. Click here to read the full case study. For a PDF download, click here.
One often-overlooked consideration that taxpayers should have on their tax planning agenda pertains to the inevitable – death. Our time and resources are more often consumed with planning and strategizing our day-to-day lives to stay ahead in the ever-changing U.S. economy, but many fail to ask one vital tax planning
EXPATRIATION: THE TAX IMPLICATIONS U.S. TAXPAYERS NEED TO BE AWARE OF In alignment with its Global Mobility Services initiative, Alliott Group recently featured thought leadership from FF&F’s Hunter Norton on the topic of expatriation and its tax implications for U.S. taxpayers. To read more, click here. Alliott Group is an independent global alliance
Most families understand the necessity of saving funds for higher education. A number of federal and state tax benefits are available to help achieve this goal. To give a better understanding of these tax subsidies, we have divided them into three parts of the student’s life cycle: elementary, college, and
Although most taxpayers would never consider relinquishing their U.S. citizenship or surrendering their status as U.S. permanent residents (i.e. expatriate), a certain minority of taxpayers in fact do so. As reported by Bloomberg, expatriation from the U.S. has been on the upswing since 2010 and a record 2,367 people relinquished
As the U.S. economic landscape continues to change, Americans have been finding new ways to earn money. Perhaps more often than ever, we’re seeing many people walking away from the once-coveted 9 to 5 job and instead moving into the self-employment arena. As is to be expected with any life-changing
You may have recently received a notice in the mail from the New York State Department of Taxation & Finance titled “Notification of Required Participation,” stating that you are now required to participate in the NYS PrompTax withholding tax program. The PrompTax program is an electronic filing and payment program
When considering a business acquisition, there is an important distinction between whether the deal is structured as an asset or a stock deal. This blog will explore the key considerations from both the buyer and seller sides in a stock acquisition deal. For information related to asset acquisitions, please refer
Businesses with fewer than 100 employees accounted for the highest percentage of fraud instances and higher median loss than their larger counterparts, as reported by the Association of Certified Fraud Examiners (ACFE). The ACFE has classified fraud into three categories: Misappropriation of Assets – stealing or misuse of an organization’s