NEWS
March 01, 2018
A Definitive Answer to State Tax Reform: “It Depends”
As anyone who has ever asked a state tax question knows, the response frequently begins with “it depends.” State tax reform issues are no exception. Read on to learn more.
NEWS
March 01, 2018
As anyone who has ever asked a state tax question knows, the response frequently begins with “it depends.” State tax reform issues are no exception. Read on to learn more.
NEWS
February 23, 2018
In this blog, learn the Tax Cuts and Jobs Act’s new definition of qualified property, impact of bonus depreciation on M&A, and the like-kind exchange. Read on to learn more.
NEWS
February 13, 2018
In this blog, we review the background to § 163(j), describe the provision, and review some of the tax accounting considerations. The I.R.S. has identified providing “computational, definitional, and other guidance” on revised 163(j) as a priority. Read on to learn more.
NEWS
January 26, 2018
In this update to our previous post on the toll tax, we highlight the key proposals in Notice 2018-13, noting particularly where changes will affect clients’ ongoing work to model the toll tax for end-of-year provision purposes.
White Papers
Finance leaders are looking for innovative approaches to talent and technology for growth potential. Their goal is to be more operationally agile — by aligning the right resources to achieve their company’s strategic mission. Leaders can make this goal possible by finding ways to optimize the time and skill sets of their in-house functional teams to be more strategic, while looking outward to acquire alternative resources to provide stability and technical acumen for day-to-day functions. Read this white paper to explore how the right blend of resources and systems can improve a tax department’s overall function and add value to an organization.
NEWS
December 15, 2017
As we approach the final stages in the tax reform process, the details and what-if scenarios are swarming. One detail everyone should be aware of is that the House and Senate bills impose a tax on the deferred foreign income of U.S. shareholders of CFCs as part of the transition to a territorial system of taxation. In short, the amount of non-previously taxed E&P of a U.S. shareholder’s CFCs is included in the shareholder’s 2017 Subpart F income.
NEWS
December 07, 2017
U.S. tax reform is finally becoming clearer. What can your tax department be doing in the near term to quantify the impact and identify tax planning opportunities and issues?
NEWS
September 13, 2017
With the end of compliance season rapidly approaching, now is the time to review common pitfalls in international tax compliance and how to avoid them. Overlooking some of these details exposes you to significant penalties and potential for future risk. Consider these areas to avoid unnecessary penalties and maximize your tax position before you file. Here is your international tax compliance checklist.
NEWS
August 02, 2017
Staffing is a critical component of any tax department and generally used as a reflection point (or otherwise a barometer) to determine what role the department will ultimately play within the company. Typically, tax departments approach staffing in one of three ways: insourced, out-sourced or co-sourced. Read this blog to learn more about when and why co-sourcing may be a good approach for your tax department.