If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

The IRS has published a private letter ruling on Sections 1361 and 1362 and Treasury Regulation Sections 1.82 and 1.1032 determined that certain transfers of interests to employees and service ...

A record-breaking tax collection year in 2024 has prompted stricter oversight and enforcement measures in 2025, as ...

And I expect that occasionally you've encountered clients who made a change at one point but then reverted back to a previous tax status to get the most advantageous tax outcomes for their current ...

LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...

When you’re starting a business, picking the right corporation type can feel like a big decision. It’s not just about the ...

Ireland’s corporation tax bonanza of recent years has been well documented, but now that Donald Trump is back in office, that particular gravy train may be about to come under threat.

Among them was a measure pulling the United States out of the Organization for Economic Co-operation and Development's (OECD) global tax deal, signed by close to 140 countries, which levied a 15 ...

The European Union, Britain and other countries have adopted the 15% global corporate minimum tax, but the U.S. Congress never approved measures to bring the U.S. into compliance with it.

U.S. President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement ...

House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going over like lead balloons in the Senate, where Republicans are warning ...

The Tax Foundation has released a new report comparing corporate tax rates around the world. The reports shows that the U.S. corporate tax rate is now higher than corporate tax rates in a large ...