Tax Updates

Home Tax Updates (Page 31)

Deduction of startup expenses

Jan 3, 2023

When is a company allowed to report as deductions on a tax return the expenses that have been incurred during...

Proposed regulations address CFC pro-rata share rules in consolidated groups

Dec 23, 2022

Treasury and the IRS on December 9 released proposed regulations (REG-113839-22) that would amend the regulations under Section 1502 to...

Smart tax strategies for lottery winners

Dec 16, 2022

Lottery fever remains at a high level lately, thanks in part to jackpots that sometimes exceed $1 billion, including the...

Publicly traded partnerships: Investors’ tax considerations

Dec 6, 2022

EXECUTIVE SUMMARY A publicly traded partnership (PTP) is any partnership with interests in the partnership that are traded on an...

Practical ways to enhance operational transfer-pricing processes

Nov 15, 2022

This article identifies operational transfer-pricing concepts and the importance of establishing effective and efficient practices to gather, segment, and analyze...