SUPPLY CHAINS AND TAX PROFESSIONALS

Supply chains and tax professionals. Now that the Covid pandemic is at a stage where most agree its not going anyway, many disruptions in the economy have happened and will continue to happen. One has to do with the supply chain. With so many companies involved in the supply chain, and its importance to the […]

IRS DETAILS ON FOREIGN EARNINGS

IRS details on foreign earnings. The Internal Revenue Service provided additional information to help taxpayers meet their filing and payment requirements for the Section 965 transition tax on untaxed foreign earnings. The Tax Cuts and Jobs Act requires certain taxpayers that have untaxed foreign earnings and profits to pay a tax as if those earnings […]