Global Intangible Low Tax Income (GILTI) and Foreign-Derived Tangible Income Taxes (FDII)
New International Tax Provisions for 2018 and Beyond With the recently enacted tax reform two new terms have been introduced into the international...
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Capital Improvement vs Repair: What the New York Construction Industry Needs to Know
Contactors generally perform two types of transactions for sales tax purposes in New York; (1) performance of a capital improvement to real property,...
R&D Tax Credit Calculation: Using the Proper Method to Calculate R&D Wages
If your company relies on the hard sciences or uses technology to create or improve products or processes, you may be engaging in qualified R&D...
Unclaimed Property Reporting – What Your Business Needs to Know
One of the most unfamiliar state reporting obligations and exposure for companies is unclaimed property. Many companies may not be aware of, or fully...
Canada Death Tax System vs. USA Death Tax System: A Comparative Overview
“In the Great White North, there’s 5 pin bowling, and in the U.S., there’s 10 pin…” -Bob and Doug McKenzie Funny, but that simple phrase sums up the...
Tax Effects of Intercompany Asset Sales: FASB's New Financial Reporting Requirements
ASU 2016-16 Adds Transparency and Simplifies Reporting The presently prescribed method of accounting for income taxes on the sale of assets between...
Basics of U.S. Transfer Pricing for Non-U.S. Businesses
If your company has a U.S. subsidiary, you will most likely have some transfer pricing considerations that need to be addressed. Transfer pricing can...
U.S. Business Reporting Requirements: Payments to Foreign Contractors or Individuals
3 Questions that Define Reporting and Withholding Obligations Most U.S. businesses understand that payments to U.S. contractors trigger reporting...