Search Results

The heart of the international tax reform involves the adoption of a participation exemption regime which transforms the current worldwide taxation system with deferral to a partial territorial system for domestic corporations.

This article discusses how, for the most part, the final regulations adopt the proposed regulations issued by Treasury in March of 2019 – but there are several notable developments of which you’ll want to be aware.

GASB 103 is an update to Statement No. 34, reconsidering current trends and stakeholder interests. Understand the statement's changes to maintain compliance and adhere to accounting standards. 

Business owners in New Jersey have expressed concerns about the difficulties of attracting and retaining talent compared with many other states and action from state government may be needed in order to help curb this trend of outmigration.

In order to accurately understand the financial state of their business, many CFOs, controllers, and accounting departments utilize Generally Accepted Accounting Principles (GAAP).

Private equity firms are having a growing impact on the playing field in European soccer/football. This article shines a light on how that came to be, and the current environment wherein there has been a considerable injection of capital from U.S. private equity firms.

An examination of the new Schedules K-2 and K-3, which were created to provide a standardized method of reporting items of international relevance to partners, shareholders, and the IRS.

After a 2021 tax season that left many tax practitioners and investment managers of domestic pass-through entities in limbo, some clarity has been provided as to who has a responsibility to file Schedule K-2s and distribute K-3s to their partners.

EisnerAmper’s recent Real Estate Principals Series featured industry leaders discussing the economic impact of COVID-19 on California’s economy and commercial real estate markets, and their related investment strategies.

Understand the impact of tariffs on multinational companies' transfer pricing strategies for cross-border transactions. Explore potential adjustments, cost-sharing, and key considerations for maintaining profitability and compliance.

We have gathered some data and information to keep you informed; here are ten trends in the life sciences industry to watch in 2023.

Congratulations: You’ve gained significant investment in your company. But now what?

New technological developments create new opportunities for tech-savvy bad actors to scam, steal, and victimize. Being able to deduct these theft losses from taxes provides taxpayers some relief from the pain of the loss. The IRS recently published a Memorandum from the Office of Chief Counsel providing some much-needed guidance in this area.

Congress passed a resolution that would disallow the final regulations that relate to information reporting requirements for brokers of digital asset transactions. Specifically, these final regulations deal with the reporting requirements as they pertain to decentralized finance industry participants who are considered brokers.

Notice 2018-67 provides guidance on calculating unrelated business taxable income (“UBTI”) for exempt organizations with more than one unrelated trade or business, and addresses the treatment of global intangible low-taxed income (“GILTI”).

Since the historically low 21% corporate tax rate went into effect, many S corporations and partnerships have been asking themselves: Should our business switch to a C corporation? Here's a look at the three most common tax entity scenarios.

The new tax law’s GILTI provision is triggering uncertainty among individual shareholders and non-C corporations that invest in CFC's. Neither can leverage the same tax relief as C corporations as they navigate this extension of the Subpart F regime.

The Tax Court decision is in force for the time being. This case has a significant implication for many businesses. Taxpayers that disclosed in their SEC filing that they made changes to their tax provisions due to the Ninth Circuit opinion may need to be reversed.

The IRS Large Business and International Division continues to announce additional audit campaigns under its new issue-based audit approach. On July 2, five additional campaigns were added, now totaling 40.

If you’re an S corporation or partnership, should you become a C corporation? Or vice versa? In this issue we address two vital matters that could potentially impact your entity structure decision - the new 21% corporate tax rate and the new GILTI tax.