An Inflow of Opportunity: Tax-Free Repatriation of Foreign Source Income from a Controlled Foreign Corporation
For more than fifty years, and subject to many exceptions, U.S. shareholders have been utilizing the controlled foreign corporation (“CFC”)
IRS Releases Official Inflation-Adjusted Tax Figures for 2019
On November 15, 2018, the IRS issued Revenue Procedure 2018-57, which details the official inflation-adjusted tax rate schedules and other tax figures
IRS Raises the Estate and Gift Tax Exemption for 2019
Property included in an individual’s estate at the time of death is subject to a tax by the federal government. There is, however, an exemption available
2019 Filing Season Risks Facing Delayed Start
The new Tax Cuts and Jobs Act (the “Act”) brought significant tax code changes to both individuals and businesses and to tax-exempt organizations.