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Treasury Issues Final Foreign Tax Credit Regulations
The Department of the Treasury and the Internal Revenue Service on December 28, 2021 released final regulations on the foreign tax credit (FTC) for...
Content on accounting, finance, technology, and business management to guide companies and entrepreneurs.
3 min read
The Department of the Treasury and the Internal Revenue Service on December 28, 2021 released final regulations on the foreign tax credit (FTC) for...
3 min read
Receiving a tax audit notice from the IRS comes with mixed emotions, especially when it's your first time. It's normal to feel terrified because you...
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The days of classic "tax shelters"— such as cattle breeding or oil drilling deals — are long gone. But at least one major tax shelter is still...
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After almost 40 hours of debate over four days, the House Ways and Means Committee on September 15 approved a tax package that would increase rates...
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Today, you can invest anywhere without stress because of globalization! International and local investing are suitable for particular situations. So,...
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The Qualified Business Income (QBI) deduction, also known as the pass-through deduction or section 199A deduction, was established by the 2017 Tax...
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Nearly all local taxing jurisdictions, including municipalities, counties, and boards of education, generate tax revenue through the imposition of...