COVID-19

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ARTICLE

IRS Issues Proposed Regulations Addressing Hedge Fund Carried Interests

September 10, 2020

The Tax Cuts and Jobs Act of 2017 included new Internal Revenue Code Section 1061, which impacted the tax treatment of “carried interests.” Section 1061 generally provides that certain long-term capital gains may be recharacterized as short-term capital gains if the holding period associated with the property triggering the gains is not more than three years.

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ARTICLE

Executive Summary of Federal Relief Available to Businesses of All Sizes

May 27, 2020

The federal government has passed several stimulus packages to mitigate the deep impact of the coronavirus on U.S. businesses and the economy.

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ARTICLE

BDO’s Spring 2020 Cyber Threat Report: Focus on Financial Services Industry

April 14, 2020

With the rapid spread of the novel coronavirus (COVID-19) worldwide during the past few months, more than ever, people are working remotely or exercising “social distancing.”

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