Throughout nearly a century of case law and guidance, the benefits and burdens of ownership have remained the touchstone for ...

Countries are expanding e-invoicing and digital reporting obligations to nonresidents to increase value-added-tax compliance.

There is much discussion around changes in the accounting profession due to generational shifts and the impact that technology has on the profession. As we discussed in a previous column (Walker, “ ...

The final regulations 1 issued by Treasury and the IRS to implement the advanced manufacturing investment credit (AMIC) include many taxpayer–friendly provisions. Found in Sec. 48D, the AMIC benefits ...

Disregarded-payment-loss rules: How multinationals should prepare New final regulations pose significant implications for possible income inclusions by U.S. corporations with foreign disregarded ...

Problems with S elections frequently cause them to be invalid when made or to terminate. This article discusses four of the most common ones and three revenue procedures that may enable S corporations ...

Editor: Jeffrey N. Bilsky, CPA Non – U.S. directors who attend board meetings in the United States may discover that their temporary presence can create unexpected U.S. tax implications — both for ...

Taxation of undocumented immigrants Certain tax rules and considerations specifically affect undocumented immigrants in the United States and their common circumstances, such as being ineligible for ...

CEOs need to understand the arm’s-length rules for transactions between commonly controlled entities because of the enormous amounts at stake in tax disputes, financial reporting risk from uncertain ...

Foreign investors should carefully analyze tax implications and strategies before investing in the growing U.S. market for nonbank credit.

When CPA tax preparers gear up for busy season, among their chief concerns is the engine upon which the endeavor runs: their tax preparation software. Afterward, they might take stock of how that ...

Although the general rules for how partners are taxed on distributions are relatively straightforward, many subtleties and exceptions can lead to missteps.