Tax

A permanent exclusion for qualified SMB stock means big change

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Investors have been taught by our elders since time immemorial to live by the adage, “Buy low, sell high.”

Rebecca Newton-Clarke, a senior editor/author at Thomson Reuters’ Checkpoint, discusses in this video the corporate income tax implications of e-commerce and how to deal with the lack of guidance from most states on taxation of e-commerce transactions, including issues such as nexus and apportionment.

Tax pros shares the different ways they relax after April 18 — and how many of them get right back to work

Chevron Corp. used a shell company in a tax haven to escape hundreds of millions of dollars in Australian taxes, according to a 2015 court ruling. The subsidiary, which allowed Chevron to eliminate Australian taxes on $1.7 billion in profit earned there, wasn’t secreted away on a remote tropical island—it was set up in the very mundane locale where corporate secrecy was born: Delaware.

TaxAct plans to launch a new sweepstakes next week for tax professionals to celebrate the end of tax season.

Highlights of some of our favorite tax-related blogs from the past week.

Many small business owners who received tax refunds plan to invest the money in their businesses, according to a new survey.

As a general rule, the cost of commercial real estate improvements is recovered over a painfully long period of 39 years via straight line depreciation only.