To protect against certain risks, businesses can create “captive” insurance companies. The final regulations designate ...

Sec. 181 expensing of costs of qualified film, television, and theatrical productions gives producers cause to cheer, but the ...

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

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

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 ...

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

Rules for signing the power-of-attorney form vary widely between partnerships audited under the Bipartisan Budget Act of 2015 ...

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

Early guidance for the new Sec. 45Z clean fuel production credit raises concerns regarding the eligibility of fuel sales to ...

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.