To protect against certain risks, businesses can create “captive” insurance companies. The final regulations designate ...

Congress incentivized domestic manufacturing of semiconductors and semiconductor manufacturing equipment as part of the ...

Sec. 181 expensing of costs of qualified film, television, and theatrical productions gives producers cause to cheer, but the ...

A bill in Congress would allow U.S. citizens residing abroad to elect out of being taxed on their U.S. income.

Members of the AICPA Tax Practice Management Committee discuss how firms can best prepare and adapt when partners retire.

As tariffs continue to affect costs, U.S. importers can employ these strategies to minimize their duty exposure.

A taxpayer whose individual retirement account was paid to the government under a criminal court order did not have taxable ...

While expenditures may be qualified investments for the Sec. 48D advanced manufacturing investment credit, related grant ...

Recent court holdings allowing the credit against the tax may encourage similarly situated taxpayers, but procedural hurdles ...

Editor: Mary Van Leuven, J.D., LL.M. The U.S. government imposes federal excise taxes that can affect a surprising variety of ...

Questions remain after a retroactive law causing Ohio business income on the sale of an equity interest was challenged in ...

A government waiver of sovereign immunity under the Bankruptcy Code does not apply to a state-law claim setting aside tax ...