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The Tax Adviser14d
You searched for Statement of Claim (SOC) - The Tax Adviser
Editor: Bridget McCann, CPA The pandemic has upended life as we knew it. It has created many hardships and drastically changed lives. But the pandemic also has brought one change that is a welcome ...
The Tax Adviser15d
Management Accounting
The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.
The Tax Adviser15d
Corporate Finance & Treasury Management
The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.
The Tax Adviser16d
The proposed PTEP rules: Tax basis considerations under Sec. 961 - The Tax Adviser
The IRS and Treasury on Nov. 29, 2024, released proposed regulations (REG-105479-18) addressing previously taxed earnings and profits (PTEP) of foreign corporations. The proposed regulations provide ...
The Tax Adviser17d
Using transfer pricing to blunt the effects of tariffs
In our global economy, even a tariff of less than 10% can have a significant impact on the supply chains that cross national borders. Blanket tariffs of 10% and “reciprocal” tariffs of well over 25% ...
The Tax Adviser24d
Disregarded-payment-loss rules: How multinationals should prepare - The Tax Adviser
Treasury and the IRS on Jan. 10, 2025, released final regulations regarding dual-consolidated-loss (DCL) and disregarded-payment-loss (DPL) rules (T.D. 10026). These finalize proposed regulations ...
The Tax Adviser27d
Adequate disclosure on gift tax returns: A requirement for more than gifts - The Tax Adviser
Editor: Jeffrey N. Bilsky, CPA. Professionals are currently advising clients amid the so – called “great wealth transfer”; new IRS campaigns focused on high – income / high – wealth taxpayers; and the ...
The Tax Adviser27d
Why non-US directors can rarely exempt US-source compensation from US income tax - The Tax Adviser
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 ...
The Tax Adviser27d
How S elections go wrong and how to fix them - The Tax Adviser
To be an S corporation is to live dangerously. After all, in order to be taxed as an S corporation, the corporation 1 must file a complete and timely election with the IRS and meet and maintain strict ...
The Tax Adviser27d
Integrating personal financial planning into individual income tax courses - The Tax Adviser
Contributors. Brianne C. Smith, CPA/ABV/PFS, Ph.D., is an assistant professor of accounting in the School of Accountancy at Auburn University at Montgomery, Ala., and managing member of Brianne CPA, ...
The Tax Adviser27d
ING trusts: How they work and their continued viability - The Tax Adviser
In the context of trusts, CPAs may have heard someone mention WINGs, DINGs, or NINGs. This article aims to explain the advantages, requirements, and potential drawbacks of these trusts for estate ...
The Tax Adviser27d
Tax accounting method changes: Procedures and potential issues during an IRS exam - The Tax Adviser
Editor: Jeffrey N. Bilsky, CPA. Since the passage of the Inflation Reduction Act of 2022, P.L. 117 – 169, the IRS expanded its enforcement activity, including increased exams of complex business ...