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Increased Charitable Giving in the Time of COVID: Philanthropic or Tax-Driven?

Even before the global COVID-19 pandemic hit, retailers across the country were already prioritizing charitable giving despite the existing downward trend in sales and revenue.


Taxpayers Who Took Required Minimum Distributions in 2020 May Be Able to Return Them To A Retirement Account

The IRS recently released Notice 2020-51, which provides further taxpayer-friendly guidance for the treatment of required minimum distributions paid from retirement accounts in 2020. 


Agreements To Reduce Or Forgive The Amount Of the Leases And Their Effects On The Value Added Tax

One of the most obvious effects of the state of alarm generated by COVID-19 has been the renegotiation of current rents, and specifically the forgiveness or reduction agreed between the property and the lessee of the amounts to be paid.


News Regarding the Exemption in the Income Tax of the Work Performed by Spanish Residents Abroad

There are many foreign companies that receive services from workers residing in Spain. These workers must pay their income tax in Spain but can apply the exemption for the work income obtained if three requirements are met.


Relief for Some Non-Resident Aliens Stranded in the U.S. Due to the Coronavirus Outbreak

The Internal Revenue Service recently released guidance that may help to prevent some non-resident alien individuals from becoming subject to U.S. tax on their global income due to the COVID-19 pandemic.