Tax & Accounting Blog
Tax & Accounting Blog
1827
The IRS has issued guidance on stock distributions by real estate investment trusts (REITs) and regulated investment companies (RICs). The IRS will treat stock distributions…
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The IRS has provided the domestic asset/liability percentages and domestic investment yields needed by foreign life insurance companies and foreign property and liability insurance companies…
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Oregon Gov. Kate Brown has signed the biennial tax credit bill creating two new credits and amending and extending existing corporate excise (income) and personal…
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Oregon counties and cities may adopt ordinances establishing a property tax exemption for “eligible rental property” for households with an annual income at or below…
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Oregon Gov. Kate Brown has signed legislation amending corporate excise (income) tax credits that can be claimed by S corporation owners and the Working Family…
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A design business was not entitled to litigation and administrative costs that were incurred before it made a qualified offer. Although the taxpayer was a…
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Truckers and other owners of heavy highway vehicles are reminded that the next federal highway use tax return is due on Thursday, Aug. 31, 2017.…
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The Minnesota Supreme Court held that the income of a foreign entity owned by a C Corporation is included in the corporation’s income when the…
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A gas station was liable for Michigan sales tax on its sales of certain wireless calling arrangements for prepaid cell phones because they were sales…
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Changes to the Colorado excise tax on retail marijuana can be found in updated Colorado Department of Revenue guidance. As of August 9, 2017, the…
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