Posted by Sue Tuson on May 25, 2017
The IRS announced 13 audit campaigns last March. Included in the campaign is an effort to increase voluntary compliance for Form 1120-F Non-Filers. Form 1120-F, U.S. Income Tax Return of a Foreign Corporation is required to be filed when a foreign corporation is in engaged in a trade or business in the U.S. whether or not it had an U.S. source income and whether or not the income from the trade or business is exempt from U.S. tax under a tax treaty. If a foreign corporation conducts limited activities in the United States in a tax year that the …
Posted by Rob Dutkiewicz on May 17, 2017
In reflecting on the recent political events around the world, and especially in the UK., I can’t help but be optimistic that everything will work …
By now companies know that big changes are coming to their US Generally Accepted Accounting Principles (GAAP) financial statements. Now is the time for …
Clayton & McKervey shareholder helps establish new ‘Great Lakes Chapter’ of the United States-Mexico Chamber of Commerce
Posted by Clayton & McKervey on May 12, 2017
Clayton & McKervey, an international certified public accounting and business advisory firm located in metro Detroit, announces that Timothy Finerty CPA, a shareholder at the firm, is a founding board member of the newest chapter of the United-States Mexico Chamber of Commerce (USMCOC), the Great Lakes Chapter, based in Detroit.
15 years in the making, new revenue recognition standard has CPA firm coaching clients for change as 2018 and 2019 deadlines are phased in
Posted by Clayton & McKervey on May 8, 2017
“This is not your typical accounting standard change; if you have contracts and you have customers, you are likely going to be impacted” …
Posted by Alex Martin on April 27, 2017
Major trading partners implement stringent new transfer pricing rules Transfer pricing has long been a tax concern for the largest multinationals and news articles on …
Posted by Clayton & McKervey on April 27, 2017
The CPAs and tax advisors at Clayton & McKervey, an international certified public accounting and business advisory firm located in metro Detroit, see major changes …
Posted by Julie Killian on April 18, 2017
The accounting industry identified the need to form a global revenue recognition strategy 15 years ago; announcing the final standard in May 2014.
Posted by Clayton & McKervey on April 12, 2017
When is April 15 not really Tax Day? In 2017 – when taxpayer procrastinators can take advantage of a few extra days to submit their …
Posted by Julie Killian on March 27, 2017
The accounting industry identified the need to form a single, unified, global revenue recognition strategy 15 years ago; announcing the final standard in May 2014.