Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension. However, businesses ...

One bill scheduled for a public hearing has bipartisan support and would redirect corporate kickers to a fund for school ...

The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.

which is part of the Form 1065 tax return, in the form of guaranteed payments. Any LLC that is taxed as either a S-corp or a C-corp is required to issue a W-2 to the owner for any wages paid.

In this episode of Tax Notes Talk, Melissa Wiley of Kostelanetz LLP provides an update on the Corporate Transparency Act’s legal status after Treasury announced it would not enforce penalties against ...

Massachusetts loses out on hundreds of millions of tax dollars each year due to “profit-shifting”, a practice common among large, multinational corporations. International profit-shifting involves ...

Andrew Ancheta is a finance editor who has reported extensively on cryptocurrency, NFTs, economics, and history. He previously worked as an editor for China Daily. Khadija Khartit is a strategy ...

Despite this boost for investors, the OECD also said that extensive reliance on income-based instruments across economies is ...

Washington Senate Democrats aim to tax the wealthy and corporations to resolve the state budget shortfall effectively.

If Northern Ireland is to make the most of the competitive benefits offered by dual market access under the Windsor Framework ...

The Federal Tax Authority (FTA) has intensified its awareness efforts to raise awareness of the need for natural persons who are subject to corporate tax to submit their corporate tax registration ...