On Wednesday, April 26th, the White House released an initial statement on President Trump’s goals for tax reform in the coming year.
Read More
On April 7, 2017, the United Nations issued a revised version of transfer pricing manual that improves the alignment of the UN’s standards for transfer pricing with those offered by the OECD. Key updates related to value chain analysis and pricing controlled transactions involving services or intangible property
In a recent article published in the Georgia Restaurant Association, Stephen Bradshaw provides insight to the tax credits Georgia restaurants and restaurant owners need to be aware of.
In a recent article published in Industry Today, Zack Leder and Ben Bowers provide insight to businesses who are preparing to file their 2016 income tax returns and highlight the changes to various requirements and tax breaks that may apply to businesses’ upcoming filings.
On January 31, 2017, the Internal Revenue Service (“IRS”) Large Business and International Division (“LB&I”) announced the identification and selection of 13 campaigns that will be the focus of the agency’s enforcement efforts.
In a recent Accounting Today article, Michael Thrasher provides guidance for how accountants and tax professionals should prepare themselves and their clients for the busy tax season
Georgia is unique amongst the states with large entertainment incentive programs in that there is no audit required to claim and sell Georgia entertainment tax credits. Nonetheless, many production companies choose to have their qualified production expenditures voluntarily audited by a third party CPA firm or by the Georgia Department of Revenue (the “Department”) as a prerequisite to selling their entertainment tax credits.
In an article published recently in Manufacturing Business Technology, Betsi Barrett provides insight to how manufacturing companies can take advantage of the federal and state Research and Development (R&D) tax credits.
Passive Foreign Investment Companies – (PFICs)
A primer on what they are, how they are taxed and how to minimize the U.S. tax consequences of ownership.
In an effort to simplify accounting, the Financial Accounting Standards Board (FASB) has eliminated Step 2 from the goodwill impairment test, according to a statement issued on January 26, 2017.
