NEWS
April 01, 2020
On March 27, President Trump signed the $2 trillion bipartisan Coronavirus Aid, Relief, and Economic Security (CARES) Act (H.R. 748). The following article highlights some of the key corporate income tax refund and savings opportunities in the CARES Act for corporations, along with the U.S. international tax issues which also need consideration and could reduce refund and savings opportunities.
NEWS
March 26, 2020
As economies around the world slow down, U.S. taxpayers may find themselves confronting Global Intangible Low-Taxed Income (GILTI) problems of a different nature. In this blog post, I will answer some questions and provide some examples of ways to address tested losses at Controlled Foreign Corporations (CFCs).
NEWS
March 24, 2020
COVID-19 will likely have profound impacts on the value of the underlying assets of industries, including their property taxes. In this article, GTM’s Robert Butterbaugh, Property Tax Practice Lead, shares a property tax strategy that can be used to partially offset the potential adverse economic impacts of the virus in the months ahead.
NEWS
March 19, 2020
COVID-19, more commonly known as the Coronavirus, has prompted the U.S. to take unprecedented actions to mitigate its spread. Not surprisingly, most economists are now forecasting a significant economic slowdown and recession. Now is the time for tax departments to get organized around returning cash to the U.S.
NEWS
March 17, 2020
An overview of the VAT-measures worldwide by country posted by WTS Global, GTM’s global tax network.
NEWS
March 16, 2020
Newsfeed for 50+ countries worldwide. Experts from WTS Global, GTM’s global tax network, have collected information and advice on managing the impact of COVID-19 in their home markets.
NEWS
March 05, 2020
The use of tax technologies like Alteryx in streamlining processes allows tax departments to free up resources for more value-added work.
But the key takeaway from TEI’s 2020 Tax and Technology Seminar? If tax technology is going to reach its full potential, providers and tax departments must work together seamlessly.
NEWS
February 04, 2020
The management of sales and use tax compliance can be complicated. Especially if your process is manual. To make it more manageable, you need to first ask the right questions about your data, your process, and your resources.
NEWS
May 14, 2019
Uncertainty in the macro-economic environment that may be triggered by tariffs imposed or increased by the U.S. and the retaliatory tariff counter measures that China may take could lead to market actions and reactions that dramatically impact the values of the underlying assets of certain industries. Since real and personal property taxes are predicated on the market value of assets, it is important to first understand the potential impact of these variables, and then consider these factors in the assessed values subject to property taxation. In this post, I’ll also share a property tax strategy that can be used to offset the negative impacts of higher tariffs that appear to be imminent.