Washington, District of Columbia, United States
Michael Lloyd practices in the areas of tax and employee benefits with a focus on information reporting and withholding on crossborder payments and Foreign Account Tax Compliance Act (FATCA) (Forms 1042 and 1042-S), backup withholding, employment taxation, the treatment of fringe benefits, cross-border compensation, domestic information reporting (e.g., Forms W-2, 1099, 1095 series returns), penalty abatement, and general tax planning and controversy matters. He advises large U.S. and foreign multinationals regarding compliance with information reporting and withholding issues, as well as a range of other federal and state tax issues. Michael Lloyd served a three-year term on the IRS Information Reporting Program Advisory Committee (IRPAC) in 2013, during which time he worked with the IRS on issues related to FATCA, the ACA, tip reporting, Form 1099-K reporting, and civil penalty administration. He has testified before the U.S. Treasury Department and the IRS regarding proposed federal tax regulations.
Practices in the areas of tax and employee benefits with a focus on information reporting and withholding on cross-border payments and Foreign Account Tax Compliance Act (FATCA) (e.g., Forms 1042 and 1042-S), backup withholding, employment taxation, the treatment of fringe benefits, cross-border compensation, domestic information reporting (e.g., Forms W-2, 1099, 1042-S, 1095 series returns), penalty abatement, and general tax planning and controversy matters. Advises large U.S. and foreign multinationals regarding compliance with information reporting and withholding issues, as well as a range of other federal and state tax issues.