2021 has ushered in a return to what we can consider our new normal for the foreseeable future. The impact of COVID-19 on law firms persists in the form of hybrid work environments as managing partners are tasked with creating return-to-work policies with flexible remote work options.
With remote work comes complicated nexus implications that law firms must navigate. Meanwhile, federal and state tax laws, particularly Pass-Through Entity Taxes (PTET), continue to impact law firms in a unique way.
Viewers Will Learn About
- Understand recent updates to federal tax law
- Evaluate their options as a pass-through entity in regards to PTETs
- Navigate the remote work landscape and its tax implications
- Begin their tax planning process with a knowledge of other updates to the tax law and advice on best practices