Insights

Final foreign tax credit regulations add a new requirement that must be met for a foreign tax to be creditable. Learn how to determine if a foreign tax will be a creditable FTC.

Find out the key international tax proposals in President Biden’s fiscal year 2023 Budget that could impact your business in 2022 and beyond. Contact us for assistance.

IRS releases more guidance for Schedules K-2 and K-3. See if your partnership or S corporation may qualify for this new limited exception to filing Schedules K-2 and K-3.

Learn more about recently released final regulations (2022 Subpart F Regulations) addressing the treatment of domestic partnerships for Subpart F issues.

Learn about recently released final regulations on the foreign tax credit (“FTC”). Contact our International Tax advisors with questions.

Will your business tax return include new schedules K-2/K-3? Find out who should file these new schedules and get more guidance from our tax advisors.

Learn more about Section 962 Election and what individual U.S. Shareholders should consider when deciding to make the election.

The 5th Circuit held that the non-willful FBAR penalties apply per account, not per form. Learn more and contact us with questions about FBARs.

Final regulations address qualified business asset investment calculation when qualified improvement property is depreciated under the alternative depreciation system.