In civil litigation, causation is a critical element in establishing the plaintiff’s cause of action by linking the defendant’s alleged misconduct to the claimed economic harm. Because of this linkage between causation and damages, qualified financial experts are often in a position to provide analyses to the trier of fact that can assist in deciding whether the causal link has been proven by the plaintiff.

Ashley Christie has been selected as one of Indy’s 2018 Best and Brightest by Junior Achievement of Central Indiana. The award honors 100 of central Indiana’s outstanding young professionals, ages 40 and under in 10 different industries, who are making their mark as up-and-coming talent and the next generation of leaders in our community.

As a general rule, the earnings of a foreign corporation are not subject to U.S. taxation until such earnings are distributed as dividends. The Subpart F rules have long been in place to subject the earnings of a controlled foreign corporation (CFC) to U.S. taxation whether or not such earnings are actually distributed. The tax reform legislation passed in Dec. 2017 imposed an additional anti-deferral rule referred to as GILTI (Global Intangible Low-Taxed Income). The new GILTI inclusion rules function in a manner similar to the existing Subpart F regime.

New York lawmakers enacted a program to potentially circumvent the Tax Cuts and Jobs Act (TCJA), which imposes a $10,000 cap on the state and local tax (“SALT”) deduction for individuals who itemize their deductions. This Employer Compensation Expense Program (“ECEP”)created an elective Employer Compensation Expense Tax (“ECET”) that employers can elect to pay if they have employees that earn over $40,000 annually in wages and compensation in New York state.

Katz, Sapper & Miller’s Randy Hooper with the firm’s Transportation Services Group will participate in the Traffic Club of New York’s 2018 Annual Membership Meeting and Fall Seminar. Taking place Nov. 20 at the Grand Hyatt New York at Grand Central Station, the seminar will provide updates on two of the hottest topics in the transportation industry today – blockchain in logistics and electronic logging devices (ELDs).

Katz, Sapper & Miller is excited to participate as the independent accounting firm to certify the voting process for the FreightWaves Research Institute’s inaugural Freight.Tech 25 award. The award is intended to recognize the most innovative and disruptive companies in freight and will highlight the key organizations that have made significant technological and/or economic advancements to impact the transportation space.

Katz, Sapper & Miller’s Transportation Services Group, along with KSM Transport Advisors and TCA Profitability Program, will present the TCA Profitability Seminar: Filling the Gap Between Knowing and Doing to discuss best practices in the transportation industry. Taking place Dec. 4, 2018 at KSM’s conference center in Indianapolis, IN, attendees will have an opportunity to share their successes, struggles, and strategies while learning about actionable initiatives from industry-leading speakers.

Katz, Sapper & Miller’s Beth Scott will present at the American Animal Hospital Association’s (AAHA) Veterinary Management Series: Practice Essentials. Taking place Nov. 8-10 in Lakewood, CO, the series is designed to equip veterinary practice managers with the tools they need to effectively manage a successful veterinary hospital.

Tim DuVall, partner in Katz, Sapper & Miller’s Business Advisory Group and leader of the firm’s Technology Industry Services Group, will speak at the Best Practices in Angel Investing event, taking place Nov. 8 in Lafayette, IN. Hosted by Elevate Ventures, VisionTech, Purdue Ventures, and MatchBOX, the seminar is geared toward educating future and current angel investors on preferred standards in the business. DuVall will discuss legal and tax responsibilities and best practices for angel investors.

As Indiana’s largest industry sector enjoys continued growth in revenues and profits, its employers are investing heavily in automation and manufacturing efficiency, welcoming an industry movement that, nationally, has been dubbed “Industry 4.0.” The 2018 Indiana Manufacturing Survey: Industry 4.0 Has Arrived shows that most Indiana manufacturers consider investments in facilities, machinery and related information technology to be their top concern. Meanwhile, the percentage of firms identifying workforce development as their top concern declined to its lowest level in a decade.