Posted by Alex Martin on September 25, 2018
Companies that proactively prepare transfer pricing documentation reduce the risk of the IRS of adjustments.
Before Celebrating the New Pass-Through Deduction, Know if it Will Benefit Your Business, CPA Advises
Posted by Clayton & McKervey on September 21, 2018
Clayton & McKervey has noticed business owners’ enthusiastic response to the newly enacted Internal Revenue Code (IRC) §199A or the “pass-through deduction,” as part of the Tax Cut and Jobs Act (TCJA) that became law in December 2017.
Posted by Sarah Russell on September 12, 2018
Many questions remain about the paid family and medical leave credit, and the IRS plans to provide additional information.
Posted by Nina Wang on August 28, 2018
Value Added Tax rates in China have been lowered, which is expected to save businesses 240 billion yuan a year.
Posted by Margaret Amsden on August 20, 2018
Since the enactment of the Tax Cuts and Jobs Act, tax practitioners have been anxiously awaiting guidance on some of the more intricate scenarios facing businesses.
Posted by Margaret Amsden on August 6, 2018
The imposition of sales tax collection obligations on out-of-state e-commerce companies and sellers using platforms such as Amazon, Inc., even when lacking a physical presence within in a state, upon meeting specific sales thresholds.
6 Common Misconceptions About the R&E Tax Credit Mean Too Many Companies Are Leaving Money On the Table
Posted by Clayton & McKervey on July 2, 2018
Clayton & McKervey, a certified public accounting and business advisory firm helping closely held businesses compete in the global marketplace, recommends that businesses reconsider the Research & Experimentation (R&E) tax credit as a tool to strategically improve their bottom line.
Posted by Sarah Russell on June 25, 2018
The TCJA has changed the game as it comes to international tax planning and taxpayers should be meeting with international tax advisors to ensure they understand the new rules. Both GILTI and FDII need to calculated and reviewed annually.
Posted by Clayton & McKervey on May 1, 2018
Shareholder Margaret Amsden was invited to participate in a panel discussion about tax reform with Steve Hood, host of Detroit Wants 2 Know on …
Posted by Sue Tuson on April 24, 2018
The Tax Cuts and Jobs Act created a deduction for Foreign-Derived Intangible Income (FDII). The name of this deduction is misleading, it is actually a deduction against qualifying export income after a routine rate of return.