Tax strategies

Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that are seen as more legitimate than the formerly popular island destinations of the Cayman Islands and the Bahamas.

The Tax Cuts and Jobs Act that Congress passed last December is likely to produce some winners and losers when taxpayers file their returns next tax season.

LG Chairman Koo Kwang-mo would be a billionaire in most countries.

A ballot measure approved by state voters this week provides a break on property taxes for residences in flood-prone areas.

Every year I speak with CPAs who bemoan the chaos and rush to file taxes for many of their business clients.

The guide provides advice to taxpayers and tax professionals about how to handle the Tax Cuts and Jobs Act next tax season.

French Finance Minister Bruno Le Maire’s efforts to rally his European Union colleagues around a new tax on tech giants fell short.

The new guide can help taxpayers and tax professionals in the wake of the Tax Cuts and Jobs Act.

Finance ministers are trying to strike a balance between luring business and addressing popular discontent about companies not paying their fair share.

This year, some estranged spouses have a more powerful incentive than ever to call a truce.

The U.K. just joined a growing array of countries telling Big Tech it’s time to pay up.

While the guidelines for opportunity zones are generous to investors, buried in the rules is a clause that could deter venture capitalists.

Individual income taxes are the federal government’s single biggest revenue source. In fiscal year 2018, which ended Sept. 30, the individual income tax is expected to bring in roughly $1.7 trillion, or about half of all federal revenues, according to the Congressional Budget Office.

Whether you’re at a Big Four firm, a regional firm or a sole practitioner, you have the potential to be a rainmaker.

Have you discovered the latest and greatest tax planning strategy? Before suggesting it to clients, consider the ever-persistent loophole cycle.

The vision is the same for how the agency hopes to interact with taxpayers, but the name is going away.

More and more consumers today are looking for one firm to manage both their tax and financial planning, which is why a growing number of CPAs are bringing financial advice in-house.

The third article in this series explores how companies should collaborate internally to make the most of new technology.

If you want to see what's coming in tax, look to Europe and South America -- Avalara's Richard Asquith offers a tour of the growing integration between businesses and tax authorities.

Tax departments are now ideally positioned to consider and apply several hard-earned cloud-adoption lessons.