Corporate taxes

One of the most lucrative tax breaks corporate America won in Trump's economic legislation is hitting a roadblock in a minimum tax Congress set three years ago.

While many companies have not stated what they might do, last month's tax legislation is helping ease some concerns while they grapple with tariff uncertainty.

When a company considers adding new jobs or making new investments, many state and local authorities offer tax incentives to support that growth.

Warren Buffett said the company has paid the U.S. government more than $101 billion in taxes since he took the helm 60 years ago, more than any other company in history.

The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.

From those with no corporate tax at all, to those that tax everything they can — a guide to most and least competitive states when it comes to taxing businesses.

Beverage giant Coca-Cola said that it will pay the very old debt, but it is still appealing.

This year's Greenbook proposals contain some greatest hits, including a higher corporate minimum tax.

There's a growing sense of unease among asset managers that companies with conspicuously small tax bills pose a financial liability too big to ignore.

The lowest-ranked states have property and unemployment insurance taxes like every state, but significantly they also have complex, non-neutral taxes with comparatively high rates.

Corporations will be the beneficiaries of a reduction in the top marginal rate in all six states.

Donald Trump plans to make permanent the 2017 individual tax cuts that he enacted as president while keeping corporate tax levels unchanged in an appeal to working and middle class voters should he retake the White House.

Key justices suggested the tax, which aimed to collect hundreds of billions of dollars on a one-time basis, wasn't fundamentally different from other levies imposed by Congress over the years.

Financial and accounting teams are inundated by new data streams that accompany hybrid work on a global scale.

Two-thirds of small-business owners would rather get a mullet or remove a nest of angry bees than do their taxes. 

Senator Joe Manchin and Majority Leader Chuck Schumer have struck a deal on a tax, energy and climate bill, breaking a deadlock on the Democrats’ long-sought legislation to enact major parts of President Joe Biden’s agenda.

Under the 2017 Tax Cuts and Jobs Act, R&E expenses paid or incurred after 2021 must be capitalized and amortized over five years (15 years if research is performed overseas).

As Congress considers Biden’s $2.25 trillion spending and tax proposal, party members are being explicit with their constituents about how much it’ll cost them.

The Treasury chief said last week that revenue measures would be needed to help pay for Biden’s planned longer-term economic reconstruction program.

Tax policy for the next two years, and therefore tax planning strategies, may be determined in Georgia early next year.