The US Bureau of Economic Analysis (‘BEA’), an agency of the US Department of Commerce, monitors..

Here we go for a third time! The IRS issued News Release (IR-2020-58) with the following:

Tax

The IRS released Notice 2020-19 that clarifies some issues on the 90-day delay in tax payments:

Tax

There is no official IRS or Treasury Department document that has been released providing..

Tax

DOES NOT INCLUDE TECHNICAL CORRECTIONS RELIEF FOR THE “DOWNWARD ATTRIBUTION” PROBLEM CREATED BY THE..

GILTI, Tax

The IRS just released regulations related to two code section changes that were enacted under the..

Revenue Recognition

Impacts Partners and S Corporation Shareholders with Less Than 10% Interest in CFCs

Final GILTI..

GILTI

Is the Transition Tax income, that is supposed to be distributed tax free, trapped for individuals..

Transition Tax

The IRS has issued highly anticipated final regulations under Internal Revenue Code Sec. 965, the..

Transition Tax