This article discusses Sec. 162(m)’s interaction with FASB ASC Topic 718, with examples illustrating their combined influence on book income tax expense and companies’ effective tax rates.
employee benefits & pensions
December 2023 - The Tax Adviser
PRACTICE & PROCEDURES
IRS targets Malta pension plans: Compliance options
This article describes the plans and their purported U.S. tax benefits, the potential income tax and reporting penalties for engaging in them, and ways that participants in these transactions may come back into tax and reporting compliance and mitigate penalties related to their use.
TAX CLINIC
corporations & shareholders
credits against tax
employee benefits & pensions
COLUMNS
PERSONAL FINANCIAL PLANNING
TAX PRACTICE MANAGEMENT
STATE & LOCAL TAXES
TAX PRACTICE MANAGEMENT
2025 tax software survey
AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights into their procedures.
