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The Tax Adviser13d
Corporate Finance & Treasury Management
The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.
The Tax Adviser14d
Using transfer pricing to blunt the effects of tariffs
In our global economy, even a tariff of less than 10% can have a significant impact on the supply chains that cross national borders. Blanket tariffs of 10% and “reciprocal” tariffs of well over 25% ...
The Tax Adviser21d
Disregarded-payment-loss rules: How multinationals should prepare - The Tax Adviser
Treasury and the IRS on Jan. 10, 2025, released final regulations regarding dual-consolidated-loss (DCL) and disregarded-payment-loss (DPL) rules (T.D. 10026). These finalize proposed regulations ...
The Tax Adviser24d
Tax accounting method changes: Procedures and potential issues during an IRS exam
A threshold matter for determining the proper procedure during an exam is whether a potentially identified issue is an accounting method (a timing issue, as discussed ...
The Tax Adviser27d
Elections under the new Sec. 987 final regs. - The Tax Adviser
For taxpayers that have a qualified business unit (QBU) with a functional currency other than the dollar, Sec. 987 provides rules on how to adjust for changes in exchange rates. On Dec. 10, 2024, ...
The Tax Adviser24d
Adequate disclosure on gift tax returns: A requirement for more than gifts - The Tax Adviser
Editor: Jeffrey N. Bilsky, CPA. Professionals are currently advising clients amid the so – called “great wealth transfer”; new IRS campaigns focused on high – income / high – wealth taxpayers; and the ...
The Tax Adviser24d
ING trusts: How they work and their continued viability
In the context of trusts, CPAs may have heard someone mention WINGs, DINGs, or NINGs. This article aims to explain the advantages, requirements, and potential drawbacks of these trusts for estate ...
The Tax Adviser24d
Why non-US directors can rarely exempt US-source compensation from US income tax
The nonresident alien performing the services is present in the United States during the tax year for fewer than 90 days in the aggregate; The total compensation earned for services performed in the ...
The Tax Adviser24d
Sec. 987 final regulations: A practical approach for partnerships - The Tax Adviser
Editor: Jeffrey N. Bilsky, CPA. On Dec. 10, 2024, Treasury and the IRS issued final and proposed regulations under Sec. 987 (T.D. 10016 and REG – 117213 – 24).The Sec. 987 regulations provide guidance ...
The Tax Adviser24d
Partnership reporting of contributions to foreign entities - The Tax Adviser
Investors looking for greater diversification and opportunity often invest in partnerships to access private equity and other investments unavailable to the public. Further, these partnerships often ...
The Tax Adviser24d
Integrating personal financial planning into individual income tax courses - The Tax Adviser
Contributors. Brianne C. Smith, CPA/ABV/PFS, Ph.D., is an assistant professor of accounting in the School of Accountancy at Auburn University at Montgomery, Ala., and managing member of Brianne CPA, ...