Private business owners are wondering, "Should I switch my business to a C Corporation?".

Article from Waller Law.

A critical consideration in the disposition of any business is the tax cost.

Under the current U.S. tax rules, non-U.S. earnings are generally not subject to U.S. tax until the earnings are repatriated.

The Internal Revenue Service has recently published an IRS Large Business & International Directive, which updates an earlier directive to field agents addressing the examination of capitalization and repair costs issues.

On April 1, the Internal Revenue Service released ILM 2013130201 in response to an IRS Appeals Division request.

A state cannot include income in the apportionable base and then exclude the receipts and related factors that generated that very same income from the apportionment formula.

A discussion on some of the U.S. tax consequences of hedging stock purchase/sale agreements, and identifies certain practical issues and fixes.