The IRS recently issued new Regulations (TD 9564) on how to treat amounts paid to acquire, produce, or improve tangible property which also incorporates the unit of property (UoP)concept. Under the UoP concept, numerous structural components in 9 categories are treated as separate units instead just a part of the building. For example, previous rules required...
Read MoreSome of the more widely publicized provisions of the Patient Protection and Affordable Care Act (“PPACA”) affecting employer group health plans are set to go into effect in 2014. While a number of the law’s requirements are already in place, the 2014 changes will have a very significant impact on health care plans. Employers should be reviewing now how the health...
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