Controlled Foreign Corporation Regulations Under TCJA
Under the TCJA, a U.S. person, domestic corporation, partnership, trust or estate that owns at least 10 percent of the value or voting rights in one or more CFCs will be required to include this income as currently taxable income.
U.S. House Approves Three-Part Proposed Tax Reform 2.0 Legislation
By Sept. 28, 2018 all three parts of the proposed tax reform 2.0 legislation (Family Savings Act, American Innovation Act, Protecting Family and Small Business Tax Cuts Act) was passed.
Britt’s current role is the Director of Contract Accounting Services. He manages a team of contract recruiters whose duty is to find resources and talent for temporary or temporary-to-permanent positions.
Charitable Contributions and State and Local Tax Credits
Guidance has been issued by the IRS providing rules on the availability of charitable deductions when a taxpayer receives or expects to receive a corresponding state or local tax credit.
Small Business Accounting Method Changes Under TCJA
Thanks to the Tax Cuts and Jobs Act (TCJA), small businesses can now receive accounting-related relief by using the simpler and more-flexible cash method.
Guidance on New $500 Credit for Certain Dependents
The Internal Revenue Service (IRS) announced that it intends to issue proposed regulations to clarify the definition of “qualifying relative” for the new $500 credit for dependents and head of household filing status.
This website uses cookies to monitor site performance and analytics to improve your online experience. By using this website, you agree to our use of cookies as outlined in our privacy policy. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.