Tax Relief Act is Good News for U.S. Exporters20 Jan
Because Congress extended the preferential capital gains rates to qualifying dividends for another two years, the IC-DISC continues to be a viable tax saving tool.
Tag Archive | "manufacturing"
Manufacturing,Tax
Business Tax Planning,Manufacturing,Tax
Year-End Inventory Write-Down26 Jul
Whether a taxpayer may “write-down” year-end inventory depends upon 1) the inventory method chosen and, 2) the type of inventory involved.
Business Tax Planning,Manufacturing
With the IRS, the Devil is in the Details25 Feb
Beginning in February 2010, the IRS is launching an examination of 6,000 randomly selected companies to focus on employment tax issues. This will involve taking a close look at 2,000 random companies per year over the next three years. The primary focus will be on worker classification, executive compensation, fringe benefits, non-filers and reimbursed expenses. The IRS states the audits will provide data for its first statistical analysis since 1984 of how often companies misclassify workers to avoid tax obligations, [Read More...]