The Democratic presidential candidate rolled out a proposal to levy a 7 percent tax to raise an estimated $1 trillion from the wealthiest businesses.
The final rules offer guidance on the penalty for failing to include information that’s supposed to be disclosed under the Small Business Jobs Act and how to calculate the amount.
There’s no question that U.S. taxation of intellectual property has become amazingly more complex after the Tax Cuts and Jobs Act.
The e-commerce giant scrapped a deal this month to open offices in New York after clashing with local politicians and is backing out of another battle.
The ratings agency is putting the spotlight on accounting in the first of a series of reports.
Ailing shopping districts are losing revenue to e-commerce, according to a government report.
Experts suggest the lowered rates might have meant more in they’d come during a worse economy.
U.S. companies anxiously awaiting guidance on how hard they’ll be hit by a new foreign levy in the tax overhaul will have to stay tuned for at least another two months.
The Internal Revenue Service is making some adjustments to its Compliance Assurance Process, a program aimed at large corporate taxpayers that involves cooperating with the IRS before any audits.
The Internal Revenue Service issued a revenue procedure Wednesday providing information on how companies can change their method of accounting if they have switched from being an S corporation to a C corporation in response to the Tax Cuts and Jobs Act.