Congress incentivized domestic manufacturing of semiconductors and semiconductor manufacturing equipment as part of the ...

Editor: Mary Van Leuven, J.D., LL.M. The U.S. government imposes federal excise taxes that can affect a surprising variety of ...

Members of the AICPA Tax Practice Management Committee discuss how firms can best prepare and adapt when partners retire.

While expenditures may be qualified investments for the Sec. 48D advanced manufacturing investment credit, related grant ...

A taxpayer whose individual retirement account was paid to the government under a criminal court order did not have taxable ...

Recent court holdings allowing the credit against the tax may encourage similarly situated taxpayers, but procedural hurdles ...

A government waiver of sovereign immunity under the Bankruptcy Code does not apply to a state-law claim setting aside tax ...

To protect against certain risks, businesses can create “captive” insurance companies. The final regulations designate certain microcaptive arrangements as reportable listed transactions or ...

Applicability of sales and use taxes on digital products may in some cases hinge on the elusive definition of a computer ...

Questions remain after a retroactive law causing Ohio business income on the sale of an equity interest was challenged in ...

As tariffs continue to affect costs, U.S. importers can employ these strategies to minimize their duty exposure.

A bill in Congress would allow U.S. citizens residing abroad to elect out of being taxed on their U.S. income.