Tax strategies

Global corporations are hoping to fend off requirements for reporting on the amount of taxes they pay in each jurisdiction, while regulators are moving forward cautiously with imposing such rules.

A recent study of companies with enterprise resource planning systems found they are correlated with lower tax burdens and more aggressive tax positions.

Pressure on companies to disclose their tax approach, including how much and where they pay their taxes, isn't going away.

The Top 10 Firm is becoming a professional service corporation instead of a partnership in July, a move that could have a major impact on the finances of its partners and employees.

Elon Musk, the world's richest-person and head of electric carmaker Tesla Inc., said President Joe Biden's call for more taxes on super-wealthy Americans will only hurt lower-to-middle income groups.

You get to focus on client relationships instead of pure transactions, and your client feels more valued in return.

As bonus depreciation leverages down, cost segregation professionals have to wonder what happens if bonus phases out.

In this Vendor Spotlight, we get to know the tax solutions and support company Vertex.

The Work Opportunity Tax Credit can help offset labor shortage issues.

Portland, Oregon, may penalize higher earners more than any other large U.S. city, according to a new report.

More art than science, financial advisors can face difficulty in determining what constitutes a "substantially identical" security.

Tax-loss harvesting can eke out some extra percentage points of return — if you don't try to time the market and miss a rebound.

Signed into law last December and now partly in force, the sweeping retirement overhaul package presents new planning opportunities for millions of Americans and financial advisors.

Texas billionaire Harlan Crow declined to detail the extent and tax treatment of luxury gifts he provided to Clarence Thomas.

Instead of hiding gains, traders avoid tax by declaring losses using "wash trades" that are barred in regulated securities markets.

The IRS's $80 billion in new funding means more scrutiny of higher earners.

As clients decide on the business entity type that will offer the most advantages — legally and financially — they'll have much to consider.

It's tax season in the U.S., and nowhere is that felt more acutely than in three cities — New York, San Francisco and Honolulu.