The IRS requires donors and donee organizations to supply certain information to prove a taxpayer’s right to deduct charitable contributions.
The best defense against an underpayment penalty is an independent valuation from a certified appraiser.
In 2013, new cost sharing regulations became effective amid controversy surrounding the application of methods used in high profile court cases.
Why does an entity choose to convert from a C corporation to an S corporation?
Valuation allowances are one of the areas frequently challenged by auditors.
FATCA has created a major compliance burden for all involved parties: withholding agents, FFIs, NFFEs, and the IRS.
Various forms of executive compensation have become popular, resulting in much scrutiny, particularly in how these forms of compensation are taxed.
Comparability is the key factor in determining the arm’s length range.
One of the key differences in valuations for tax vs. financial reporting lies in the definition of value.
As a result of tax reform (TCJA), there are now three components to the Section 382 limitation amount.