In some circumstances, a taxable stock sale may make more sense.
C Corporation Income Taxation
All companies should maintain supporting documentation for payments.
New regulations issued by the SEC enable individual investors to invest in startup companies through equity crowdfunding.
The tax reform bill that Congress is expected to vote on this week contains numerous changes that will affect businesses large and small.
The House of Representatives reapproved tax reform legislation on Wednesday, sending the bill to President Donald Trump for his signature.
The Senate voted early today in favor of the Tax Cuts and Jobs Act, H.R. 1, which the House of Representatives had approved Tuesday.
Meeting the active trade or business requirement is critical to ensuring a corporation leasing farmland qualifies for a tax-free divisive reorganization.
Because there is no clear statutory guidance for how a bankruptcy judge determines if a trustee’s request to apply substantive consolidation should be granted, each case is different.
Cooperative corporations can shield net income from taxation by returning it to the patrons in the form of qualified patronage dividends.
The IRS is introducing an 18-month pilot program under which it will once again issue letter rulings concerning the general income tax effects of stock distributions under Sec. 355.
To reward and retain key employees, companies often look for ways to extend ownership or the feeling of ownership.
The House’s tax reform bill would make many changes to the taxation of US companies’ foreign subsidiaries.
The House tax reform bill contains a large number of proposed changes that would affect businesses.
The Tax Court considered whether redemption of phantom stock was a sale of a capital asset and what the tax basis in the redeemed phantom stock was.
The IRS ruled on how the distribution of stock is treated in a tax-free reorganization and whether there is any potential recognition of gain.
This column discusses the treatment and classification of contributions made by businesses.
Employees should have overarching guidance for their global assignment that includes international assignment agreements.
This column discusses whether fuel blending may be treated as a domestic production activity for purposes of the DPAD deduction.
Since the R&D tax credit is a nonrefundable credit, startup companies are frequently limited in their ability to claim it in the current tax year because they have net operating losses.
The IRS withdrew rules it proposed in 2005 that would have required certain corporate formations and reorganizations to meet net value requirements before they would qualify for nonrecognition treatment.