Tax reform

Using EBITDA – which is typically bigger than EBIT — would generate heftier tax deductions.

Following the Republican victory in the 2024 election, tax reform and political changes are at the forefront of every accountant's agenda.

The world's governments stand to increase their tax revenues by about $250 billion a year by rewriting the rules for multinationals, according tothe OECD.

The country's progressive personal income tax schedule is undermined by deductions that largely benefit high-income earners.

The Tax Cuts and Jobs Act of 2017 had virtually no effect on reducing compensation of top executives at companies despite promises to the contrary, according to a new study.

CFOs rank supply chain disruptions, the talent shortage and tax reform as higher risks than COVID-19, according to a recent survey from BDO USA.

Their package of tax increases falls short of President Joe Biden’s ambition, however.

National tax offices were flooded with more than 500 inquiries a day from their field offices after the 2017 tax law, and a confused response cost some accounting firms clients. What lessons can be learned?

The private equity industry is trying defend a cherished tax break that Democrats have targeted for elimination.

A rare show of bipartisan unity unfolded Tuesday, with 18 lawmakers making the case for an expansion of the state and local tax deduction.