To protect against certain risks, businesses can create “captive” insurance companies. The final regulations designate ...

Congress incentivized domestic manufacturing of semiconductors and semiconductor manufacturing equipment as part of the ...

Rules for signing the power-of-attorney form vary widely between partnerships audited under the Bipartisan Budget Act of 2015 ...

A government waiver of sovereign immunity under the Bankruptcy Code does not apply to a state-law claim setting aside tax ...

A bill in Congress would allow U.S. citizens residing abroad to elect out of being taxed on their U.S. income.

Editor: Mary Van Leuven, J.D., LL.M. The U.S. government imposes federal excise taxes that can affect a surprising variety of ...

A taxpayer whose individual retirement account was paid to the government under a criminal court order did not have taxable ...

Questions remain after a retroactive law causing Ohio business income on the sale of an equity interest was challenged in ...

While expenditures may be qualified investments for the Sec. 48D advanced manufacturing investment credit, related grant ...

Sec. 181 expensing of costs of qualified film, television, and theatrical productions gives producers cause to cheer, but the ...

Recent court holdings allowing the credit against the tax may encourage similarly situated taxpayers, but procedural hurdles ...

These new fees that Colorado and Minnesota have implemented (and other states are considering) raise a number of issues that taxpayers must address.