Cookies Policy

We use cookies to ensure we give you the best experience on our site. If you continue without changing your settings, we assume you're happy to receive all cookies on this site. If you would like to, you can manually change your cookie settings at any time.

Continue

News & Knowledge

All Knowledge & Opinions

Future ready: Accountancy careers in the 2020s

6th February 2020

The ACCA has published a report, 'Future ready: accountancy careers in the 2020s', which reveals a number of trends signalling that the future can and should be bright for those whose careers are already in progress and for aspiring young professionals.

Read full article >

What if the IRS cancels your passport?

6th February 2020

This article by Rufus Rhoades from MSI's specialist member firm Rufus v. Rhoades talks about the relatively new law (IRC § 7345 “Revocation or denial of passport in case of certain tax delinquencies” which implements a law called the “FAST Act”) that allows the Department of State (“State”) to not renew or, perhaps, revoke the passport of a “seriously delinquent” taxpayer.

Read full article >

New visa policies aimed at benefiting foreigners in China

5th February 2020

China is looking to better facilitate resident permits and visa issuance to foreign nationals who have particular high-level talents that are of interest to China for its future development. The policies overall seem to streamline the process foreigners have to go through to apply for their visa and permanent residence permits, and opens new opportunities to make it easier for young professionals and highly skilled individuals to work for well-established organisations with good standing or for innovative and entrepreneurial organisations and activities. Not all regions have the same policies, thus making the benefits different from region to region. MSI's Chinese accounting member LehmanBrown explains the policy changes for Beijing, Shanghai, Guangdong and Shenzhen highlighting the benefits in each region.

Read full article >

Advising the cannabis client

5th February 2020

On January 8, 2020, New York State Governor, Andrew M. Cuomo, vowed in his State of the State address to legalize the sale and use of recreational marijuana in New York. If Governor Cuomo follows through on his promise, New York will be the twelfth state to legalize recreational cannabis, following Colorado which was the first. With several other states moving in the same direction and with heavy regulation existing in the states that have already legalized the substance, there is significant need and opportunity for attorneys to enter the cannabis industry. Nonetheless, while cannabis remains a schedule I drug under the Controlled Substances Act (“CSA”), any practitioners wishing to take advantage of such opportunities must be keenly aware of the risks associated, MSI's Colorado law member Burns, Figa & Will P.C. explains more.

Read full article >