Schneider Downs can serve all your global tax planning and compliance needs through our International Tax Practice and through our membership in PrimeGlobal.
Our International Tax Group focuses on both "outbound" and "inbound" international tax planning and U.S. income tax issues associated with foreign transactions. Our emphasis is on developing strategies to reduce your worldwide income tax burden.
Back in July, the IRS formally removed regulation §1.451-5 from the Code of Federal Regulation. The regulation had permitted some companies to defer ...
The general rule under Internal Revenue Code §451 is that an item of income shall be included in gross income for the taxable year or receipt unless ...
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