Taxpayers argue that deferred compensation expense earned prior to the enactment of 250(b) Foreign Derived Intangible Income should not...

Draft 2021 Schedules K2 and K3 Released (IR-2021-98; April 30, 2021) The IRS has released draft Schedules K-2 and K-3 for the Forms 1065,...

State Conformity with FDII and GILTI What is deductible or an inclusion for Federal tax purposes may not always be the same for state...

We have seen this deduction overlooked numerous times by taxpayers because they were not aware it existed. Any US corporate taxpayer...