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

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

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

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

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

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

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

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

Editor: Mary Van Leuven The U.S. government imposes federal excise taxes that can affect a surprising variety of companies.

Rules for signing the power-of-attorney form vary widely between partnerships audited under the Bipartisan Budget Act of 2015 ...

Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...

To protect against certain risks, businesses can create “captive” insurance companies. The final regulations designate certain microcaptive arrangements as reportable listed transactions or ...