• COVID-19
  • Insights
  • Who We Help
    •   Industrial Automation
    •   Manufacturing & Distribution
    •   A&E Professional Services
    •   International Businesses
      • ◦   Expanding Outside the U.S.
      • ◦   Expanding to the U.S.
  • Services
    •   COVID-19
      • ◦   Cash Flow Confidence Assessment
      • ◦   Maximize Your Loan Forgiveness
      • ◦   5 Key Focus Areas
      • ◦   COVID-19 Resource Center
    •   Client Accounting
      • ◦   Software Solutions
      • ◦   Accounting Support
      • ◦   Reporting
    •   Tax
      • ◦   R&D Tax Credit
      • ◦   Tax Credits & Incentives
      • ◦   Tax Structure
      • ◦   Federal Tax
      • ◦   State & Local Tax
      • ◦   Personal Tax
      • ◦   Other Tax Filings
    •   Advisory & Assurance
      • ◦   Assurance Levels
      • ◦   Reporting
      • ◦   Employee Benefit Plan Audits
      • ◦   Technical Accounting & Reporting
    •   Consulting
      • ◦   Data Analytics
      • ◦   Transaction Services
      • ◦   Business Planning
      • ◦   Succession & Exit Strategies
    •   International
      • ◦   International Tax
      • ◦   Foreign Direct Investment
      • ◦   Global Expansion
      • ◦   International Accounting
  • Events
  • Careers
    •   Why C&M
    •   Students
      • ◦   Campus Events
      • ◦   Internships
      • ◦   Reach Beyond Program
    •   Experienced Professionals
      • ◦   Team member profile videos
    •   Opportunities
    •   Employee Journals
    •   Office Tour
  • About Us
    •   How We Help
      • ◦   Service Approach
      • ◦   Affiliations
      • ◦   Communications & Technology
    •   Meet Our Team
    •   Testimonials
    •   Our Videos
    •   Our Story
  • Contact Us
  • Subscribe
CHANGE COUNTRY:
  • United States
  • 中国
  • Client Login
Clayton & McKervey Logo
  • COVID-19
  • Insights
  • Who We Help
  • Services
  • Events
  • Careers
  • About Us
  • Contact Us
  • Subscribe
    • Most Recent Insights
  1. Home
  2. Insights
We are committed to bringing you the latest news and impacts related to the Coronavirus and business operations—COVID-19 Resources. In addition, we can help navigate the challenges ahead.

Sign up for our newsletter to keep informed

Anti-Corruption Legislation and New FinCEN Reporting Requirements

Posted by Teresa Gordon on January 25, 2021

Teresa Gordon Teresa Gordon

Learn about the new Corporate Transparency Act reporting requirements and other U.S. expansion considerations.

Read more

U.S. Expansion: 7 Benefits of Cloud Accounting

Posted by Teresa Gordon on December 20, 2020

Now more than ever in today’s world of virtual and remote management of a US investment, cloud accounting tools serve foreign-owned companies well. Here are seven reasons why you should consider cloud accounting when starting a US subsidiary.


Read more

9 FAQs About the USMCA

Posted by Carlos Calderon on August 3, 2020

It has already been a month since one of the most competitive regions in the world, which together generated more than 25% of the world’s GDP in 2019, finally entered into the United States-Mexico-Canada Agreement (USMCA).


Read more

10 Recommendations for Mexican Subsidiaries during COVID-19

Posted by Carlos Calderon on May 28, 2020

Companies with Mexican subsidiaries may be wondering how best to proceed in light of COVID-19.


Read more

‘Plan B’ Considerations for Foreign-owned Companies in the U.S. to Withstand the Global Pandemic

Posted by Teresa Gordon on April 29, 2020

While the PPP application, approval, and funding process have been challenging for everyone, foreign-owned subsidiaries based in the U.S. with U.S. employees continue to face additional challenges that their domestic counterparts did not encounter.


Read more

Why Choose Michigan for Your Foreign Subsidiary?

Posted by Sue Tuson on March 10, 2020

When making the strategic decision to expand a business into the U.S. it’s important to carefully plan for the various challenges inherent in the process. Strategic issues such as supply chain development, vendor management, and production optimization.


Read more

Important Filing Requirement for Foreign-Owned U.S. Companies

Posted by Nina Wang on February 19, 2020

The last thing any business wants to receive is an audit notice from the Internal Revenue Service (IRS).  Your first reaction will naturally be panic or fear.  So, what protective measures can a business or business owner put in place?


Read more

Global Expansion: Investing in a Subsidiary

Posted by Sue Tuson on January 17, 2020

Businesses are consistently evaluating how to stay competitive.   Global expansion may be the answer for a business to reach new markets, meet current customer needs, reduce costs, or find talent.


Read more

Doing Business in the US: Challenges and Experiences of European Companies

Posted by Teresa Gordon on October 31, 2019

European companies open branches in the United States for a host of reasons. For starters, the US gives these businesses a completely new base of customers; a chance to step out from the almost saturated European market and stand out from the crowd.


Read more

5 Considerations for Choosing an International CPA

Posted by Teresa Gordon on July 2, 2019

International businesses expanding into the US, whether a manufacturer, distribution company or professional service firm, face similar challenges. Operational issues such as supply chain, vendor management and process or production optimization require close attention, as do human resources, sales and marketing.


Read more

Foreign Direct Investment Thrives in the US

Posted by Teresa Gordon on July 16, 2018

The 2018 SelectUSA Investment Summit highlights the focus of our Foreign Direct Investment (FDI) practice well, and I want to share a re-cap of the interest and activity at a national level.


Read more

Mandatory Government Survey—Survey of US Persons Service and IP Transactions with Foreign Persons

Posted by Sue Tuson on May 15, 2018

The US Department of Commerce Bureau of Economic Analysis (BEA) has issued a mandatory survey of select services and intellectual property transactions with foreign persons.


Read more

Cross-Border Taxation Update

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 …


Read more

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.


Read more

Clayton & McKervey Unveils New Mandarin Web Site

Posted by Clayton & McKervey on January 24, 2017

Clayton & McKervey, an international accounting and business advisory firm servicing growth-driven middle-market companies, introduced a new Mandarin web site on January 13, 2017. Created …


Read more

U.S. Reporting Requirements for Foreign-Owned Subsidiaries

Posted by Teresa Gordon on November 2, 2016

Is your company a foreign-owned U.S. subsidiary or a foreign company doing business in the U.S.? Are you a foreign individual living and working …


Read more

5 Differences Between US GAAP and IFRS

Posted by Julie Killian on September 24, 2015

Even for non-public US companies, having a basic understanding of International Financial Reporting Standards (“IFRS”) is beneficial. The continued global adoption of …


Read more

The future of International Financial Reporting Standards in the United States

Posted by Julie Killian on September 16, 2014

The Securities and Exchange Commission says IFRS Adoption in the US is unlikely Based on recent discussions at the Securities and Exchange Commission (SEC), US …


Read more

Clients Continue to Explore Global Expansion Opportunities

Posted by Clayton & McKervey on May 6, 2013

Many of our clients are continuing to explore expansion opportunities, and often that expansion is leading them to other countries. The specific reasons vary, but …


Read more

US Subsidiaries of Foreign Owned Businesses May Qualify for the Research & Experimentation Tax Credit

Posted by Sue Tuson on March 7, 2012

The Credit for Increasing Research Activities, also known as the Research and Development (R&D) tax credit or the Research and Experimentation (R&E) tax credit, is …


Read more

Don’t Jump In Overseas Markets Without a Net

Posted by Clayton & McKervey on November 10, 2010

In his recent best-seller The World Is Flat, Thomas Friedman dissects how the lowering of trade and political barriers and the technical advances of the …


Read more

Categories

Jump directly to the topics that matter to you most.

  • A&E Professional Services
  • About Us
  • Advisory & Assurance
  • Business Owners
  • C&M Press Releases
  • Careers
  • China Consulting
  • Clayton & McKervey
  • Client Accounting Services
  • Consulting
  • COVID-19
  • Data Analytics
  • Estate Planning
  • Expanding Outside the U.S.
  • Expanding to the U.S.
  • From the President
  • Industrial Automation
  • International
  • Manufacturing & Distribution
  • Mexico Consulting
  • Podcasts
  • Private Client Services
  • Tax & Tax Credits
  • Transaction Services
  • Videos

Authors

Read news direct from our managers and stakeholders.

  • Ben Smith
  • Beth Butchart
  • Bryan Powrozek
  • Carlos Calderon
  • Casey Haggerty
  • Clayton & McKervey
  • Dave Van Damme
  • Denise Asker
  • Eric Lin
  • Jim Biehl
  • Julie Killian
  • Kevin Johns
  • Margaret Amsden
  • Miroslav Georgiev
  • Nina Wang
  • Rob Dutkiewicz
  • Ruben Ramirez
  • Sarah Russell
  • Sue Tuson
  • Tarah Ablett
  • Teresa Gordon
  • Tim Finerty
  • Tim Hilligoss
  • Wendy Reedy

Additional Resources

Additional news from Clayton & McKervey can be found below.

  • Subscribe to our email newsletter
  • View upcoming events
  • Contact us to let us know how we can help you

Newsletters

View Clayton & McKervey's latest email newsletters.

  • Insights
  • Additional Content

Anti-Corruption Legislation and New FinCEN Reporting Requirements

Posted by Teresa Gordon on January 25, 2021

Teresa Gordon Teresa Gordon

Learn about the new Corporate Transparency Act reporting requirements and other U.S. expansion considerations.

Read more

U.S. Expansion: 7 Benefits of Cloud Accounting

Posted by Teresa Gordon on December 20, 2020

Now more than ever in today’s world of virtual and remote management of a US investment, cloud accounting tools serve foreign-owned companies well. Here are seven reasons why you should consider cloud accounting when starting a US subsidiary.


Read more

9 FAQs About the USMCA

Posted by Carlos Calderon on August 3, 2020

It has already been a month since one of the most competitive regions in the world, which together generated more than 25% of the world’s GDP in 2019, finally entered into the United States-Mexico-Canada Agreement (USMCA).


Read more

10 Recommendations for Mexican Subsidiaries during COVID-19

Posted by Carlos Calderon on May 28, 2020

Companies with Mexican subsidiaries may be wondering how best to proceed in light of COVID-19.


Read more

‘Plan B’ Considerations for Foreign-owned Companies in the U.S. to Withstand the Global Pandemic

Posted by Teresa Gordon on April 29, 2020

While the PPP application, approval, and funding process have been challenging for everyone, foreign-owned subsidiaries based in the U.S. with U.S. employees continue to face additional challenges that their domestic counterparts did not encounter.


Read more

Why Choose Michigan for Your Foreign Subsidiary?

Posted by Sue Tuson on March 10, 2020

When making the strategic decision to expand a business into the U.S. it’s important to carefully plan for the various challenges inherent in the process. Strategic issues such as supply chain development, vendor management, and production optimization.


Read more

Important Filing Requirement for Foreign-Owned U.S. Companies

Posted by Nina Wang on February 19, 2020

The last thing any business wants to receive is an audit notice from the Internal Revenue Service (IRS).  Your first reaction will naturally be panic or fear.  So, what protective measures can a business or business owner put in place?


Read more

Global Expansion: Investing in a Subsidiary

Posted by Sue Tuson on January 17, 2020

Businesses are consistently evaluating how to stay competitive.   Global expansion may be the answer for a business to reach new markets, meet current customer needs, reduce costs, or find talent.


Read more

Doing Business in the US: Challenges and Experiences of European Companies

Posted by Teresa Gordon on October 31, 2019

European companies open branches in the United States for a host of reasons. For starters, the US gives these businesses a completely new base of customers; a chance to step out from the almost saturated European market and stand out from the crowd.


Read more

5 Considerations for Choosing an International CPA

Posted by Teresa Gordon on July 2, 2019

International businesses expanding into the US, whether a manufacturer, distribution company or professional service firm, face similar challenges. Operational issues such as supply chain, vendor management and process or production optimization require close attention, as do human resources, sales and marketing.


Read more

Foreign Direct Investment Thrives in the US

Posted by Teresa Gordon on July 16, 2018

The 2018 SelectUSA Investment Summit highlights the focus of our Foreign Direct Investment (FDI) practice well, and I want to share a re-cap of the interest and activity at a national level.


Read more

Mandatory Government Survey—Survey of US Persons Service and IP Transactions with Foreign Persons

Posted by Sue Tuson on May 15, 2018

The US Department of Commerce Bureau of Economic Analysis (BEA) has issued a mandatory survey of select services and intellectual property transactions with foreign persons.


Read more

Cross-Border Taxation Update

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 …


Read more

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.


Read more

Clayton & McKervey Unveils New Mandarin Web Site

Posted by Clayton & McKervey on January 24, 2017

Clayton & McKervey, an international accounting and business advisory firm servicing growth-driven middle-market companies, introduced a new Mandarin web site on January 13, 2017. Created …


Read more

U.S. Reporting Requirements for Foreign-Owned Subsidiaries

Posted by Teresa Gordon on November 2, 2016

Is your company a foreign-owned U.S. subsidiary or a foreign company doing business in the U.S.? Are you a foreign individual living and working …


Read more

5 Differences Between US GAAP and IFRS

Posted by Julie Killian on September 24, 2015

Even for non-public US companies, having a basic understanding of International Financial Reporting Standards (“IFRS”) is beneficial. The continued global adoption of …


Read more

The future of International Financial Reporting Standards in the United States

Posted by Julie Killian on September 16, 2014

The Securities and Exchange Commission says IFRS Adoption in the US is unlikely Based on recent discussions at the Securities and Exchange Commission (SEC), US …


Read more

Clients Continue to Explore Global Expansion Opportunities

Posted by Clayton & McKervey on May 6, 2013

Many of our clients are continuing to explore expansion opportunities, and often that expansion is leading them to other countries. The specific reasons vary, but …


Read more

US Subsidiaries of Foreign Owned Businesses May Qualify for the Research & Experimentation Tax Credit

Posted by Sue Tuson on March 7, 2012

The Credit for Increasing Research Activities, also known as the Research and Development (R&D) tax credit or the Research and Experimentation (R&E) tax credit, is …


Read more

Don’t Jump In Overseas Markets Without a Net

Posted by Clayton & McKervey on November 10, 2010

In his recent best-seller The World Is Flat, Thomas Friedman dissects how the lowering of trade and political barriers and the technical advances of the …


Read more

Categories

Jump directly to the topics that matter to you most.

  • A&E Professional Services
  • About Us
  • Advisory & Assurance
  • Business Owners
  • C&M Press Releases
  • Careers
  • China Consulting
  • Clayton & McKervey
  • Client Accounting Services
  • Consulting
  • COVID-19
  • Data Analytics
  • Estate Planning
  • Expanding Outside the U.S.
  • Expanding to the U.S.
  • From the President
  • Industrial Automation
  • International
  • Manufacturing & Distribution
  • Mexico Consulting
  • Podcasts
  • Private Client Services
  • Tax & Tax Credits
  • Transaction Services
  • Videos

Authors

Read news direct from our managers and stakeholders.

  • Ben Smith
  • Beth Butchart
  • Bryan Powrozek
  • Carlos Calderon
  • Casey Haggerty
  • Clayton & McKervey
  • Dave Van Damme
  • Denise Asker
  • Eric Lin
  • Jim Biehl
  • Julie Killian
  • Kevin Johns
  • Margaret Amsden
  • Miroslav Georgiev
  • Nina Wang
  • Rob Dutkiewicz
  • Ruben Ramirez
  • Sarah Russell
  • Sue Tuson
  • Tarah Ablett
  • Teresa Gordon
  • Tim Finerty
  • Tim Hilligoss
  • Wendy Reedy

Additional Resources

Additional news from Clayton & McKervey can be found below.

  • Subscribe to our email newsletter
  • View upcoming events
  • Contact us to let us know how we can help you

Website

  • COVID-19
  • Insights
  • Who We Help
  • Services
  • Events
  • Careers
  • About Us
  • Contact Us
  • Subscribe

Location

+1 248.208.8860
2000 Town Center
Suite 1800
Southfield, MI
48075 | USA

Connect

  • Events
  • Newsletter
  • Client Login

Social

  • LinkedIn
  • Facebook
  • Twitter
  • Glassdoor
  • YouTube
  • Instagram

Awards

DFP Top Work Places Best & Brightest
Prime Global

Tax | Accounting | Assurance | Consulting | Highly technical and accessible team of CPAs helping growth driven, closely held, middle market companies compete in the global marketplace. Michigan-based accountants and advisors focused on helping business owners in the United States and throughout Europe and China.

Privacy Policy Disclaimer

© 2021 Clayton & McKervey