Inversion regs clarify when a corporation has substantial business activities in a foreign country and describe the calculation of inversion gain. These concepts are pivotal in determining whether an inversion has occurred and, if so, the amount of inversion gain. Reg. section 1.7874-3 defines substantial business activities and reg. section 1.7874-11 provides the calculation of
Taxes
You have to be living under a rock to have missed the news about crypto winter. The digital asset market, which includes both crypto (or virtual) currency and non-fungible tokens (NFTs), that was on fire at the end of 2021 crashed earlier this year and is showing no real signs of recovery. Nature, even in
Today’s Social Security column addresses questions about not having retroactive payments applied at 70, when spousal benefits can be paid to someone receiving their retirement benefit and what happens to disability benefits at full retirement age (FRA). Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security
Owning a small business is daunting, even for people with loads of management experience. Suddenly finding oneself “where the buck stops” can be anxiety inducing. The consequences of failure for some mistakes can affect more than just you (e.g., your staff or even your family) and can be expensive and time consuming to fix. Whether
Once they finally pick a Speaker, the very first bill House Republicans will adopt likely would make it harder for the IRS to help taxpayers file their returns and easier for tax dodgers to cheat. It doesn’t seem like very smart branding, but what do I know? Of course, that’s not how the House GOP