Accounting, Corporation Tax and Tax

The best and worst states for corporate taxes

Accounting Today

DECEMBER 12, 2024

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.

Corporation Tax

Corporation Tax Tax

Corporate tax departments find themselves with too few resources

Accounting Today

OCTOBER 2, 2023

Nearly half the leaders of corporate tax departments believe they're severely under-resourced when it comes to technology and hiring, according to a recent survey.

Corporation Tax

Corporation Tax Tax

Tax partners matter more than firms when it comes to corporate taxes

Accounting Today

AUGUST 29, 2023

Accounting firms are less important than the partner leading the team in terms of the impact on the business's effective tax rate and the probability it will face an audit.

Corporation Tax

Corporation Tax Tax Auditing Accounting

Webinars

Breaking Ground on Better Payment Processes: Strategies for Construction Pros

The Growth Architect: How Financial Leaders are Unlocking Potential

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

From Start to Scale: Driving Growth Through Seamless Payments Implementation

Solve Your Firms Automation Complexities Once and For All

MORE WEBINARS

States cut taxes in 2024

Accounting Today

JANUARY 3, 2024

Fifteen states are reducing either individual or corporate income taxes this year, with some states trimming both individual and corporate taxes, among 34 states starting the year with significant tax changes.

Tax

Tax Corporation Tax

Billionaire, corporate tax hikes will be focus of Biden State of the Union

Accounting Today

MARCH 7, 2024

President Joe Biden will propose increasing the minimum tax rates paid by major U.S. and multinational corporations to 21% and eliminating breaks for companies with high-paid executives in his election-year State of the Union address on Thursday night.

Corporation Tax

Corporation Tax Tax

By the numbers: IRS Direct File, the growing tax gap and more

Accounting Today

DECEMBER 3, 2024

The latest data on the growth of the IRS's Direct File program, how many corporate tax pros believe generative AI is beneficial in accounting, and other key metrics.

Corporation Tax

Corporation Tax Tax Accounting Accounting

Tax departments go through transformation

Accounting Today

SEPTEMBER 6, 2023

Corporate tax departments are going through major transformation in response to the challenging legal and regulatory environment, according to a new survey from Deloitte.

Corporation Tax

Corporation Tax Tax

IESBA sets ethics standards for corporate tax planning

Accounting Today

APRIL 15, 2024

The International Ethics Standards Board for Accountants has unveiled a set of ethical standards for business tax planning in response to complaints over tax avoidance by multinational companies.

Corporation Tax

Corporation Tax Tax Accounting Accounting

Limited liability companies should consider C corporation tax elections

Accounting Today

AUGUST 10, 2022

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Corporation Tax

Corporation Tax Tax

Corporate tax departments expecting changes

Accounting Today

JULY 21, 2022

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Corporation Tax

Corporation Tax Tax

Corporate taxes plunged to new low worldwide

Accounting Today

MAY 20, 2022

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Corporation Tax

Corporation Tax Tax

Truss dumps U.K. corporation tax freeze plan

Accounting Today

OCTOBER 14, 2022

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Corporation Tax

Corporation Tax Tax

Global corporate tax rates stabilize after decades of decline

Accounting Today

NOVEMBER 18, 2022

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Corporation Tax

Corporation Tax Tax

IRS introduces business tax accounts as it targets big corporations for audits

Accounting Today

OCTOBER 20, 2023

The Internal Revenue Service is making improvements to its online tax professional accounts and hiring more accountants as it ramps up enforcement.

Tax

Tax Auditing Accounting Accounting

Ireland still sees minimum corporate tax deal being delivered

Accounting Today

JULY 20, 2022

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Corporation Tax

Corporation Tax Tax

Without proper software training, tax season can mean costly gaffes

Accounting Today

MARCH 15, 2024

Tax filing season can be an extremely trying time for corporate tax and accounting professionals as they have to navigate countless forms and compile extensive amounts of information without errors.

Tax

Tax Corporation Tax Accounting Accounting

Buffett says US corporate taxes likely to rise to tame deficit

Accounting Today

MAY 6, 2024

taxes are likely to rise as lawmakers look to narrow the federal deficit, Warren Buffett said, as Washington prepares for major tax negotiations next year.

Corporation Tax

Corporation Tax Tax

Microsoft plans to contest IRS claim it owes $28.9B in back taxes

Accounting Today

OCTOBER 12, 2023

The dispute centers on a 2012 IRS audit into transfer pricing, a method used by companies to shift profits to tax havens and avoid the U.S. corporate tax rate.

Corporation Tax

Corporation Tax Tax Auditing

FASB approves income tax reporting standard

Accounting Today

AUGUST 30, 2023

The Financial Accounting Standards Board voted to require companies to tell the public more about the taxes they pay, starting as early as 2025.

Tax

Tax Financial Accounting Accounting Accounting

Tax leaders worried about election results

Accounting Today

JUNE 10, 2024

Strategic tax leaders worry the election will lead to changes to Inflation Reduction Act renewable energy credits, while tax tacticians worry about changes to federal corporate tax rates.

Tax

Tax Corporation Tax

FASB releases income tax disclosure standard

Accounting Today

DECEMBER 14, 2023

The Financial Accounting Standards Board issued an accounting standards update Thursday aimed at improving income tax disclosures from companies.

Tax

Tax Financial Accounting Accounting Accounting

Foreign tax credits intersect with global minimum taxes

Accounting Today

MAY 9, 2024

The Internal Revenue Service and the Treasury Department plan to issue regulations on the interplay between foreign tax credits, dual consolidated losses and OECD rules.

Tax

Tax Corporation Tax

IRS to begin accepting business tax returns next week

Accounting Today

JANUARY 11, 2024

The official start date of tax season for individual taxpayers will be on Jan. 29, but the Internal Revenue Service plans to accept business tax returns as soon as Jan.

Tax

Tax Corporation Tax

AICPA approves revised tax standards

Accounting Today

NOVEMBER 13, 2023

The American Institute of CPAs is rolling out some changes in its tax standards that will take effect in January.

Tax

Tax Corporation Tax Accounting Accounting

Get set up for the new tax year with Xero Payroll

Xero

MARCH 16, 2023

That’s why we have prepared some resources to guide you through a frictionless payroll year end, and be ready for the start of the 2023/24 tax year. Preparing your final pay run Before you reach your final pay run for this tax year, there are a few important tasks needed to get you there.

Payroll

Payroll XERO Tax Reconciling

International tax changes bring uncertainty to global companies

Accounting Today

FEBRUARY 23, 2024

The changes underway in setting global taxes are leading to confusion for many countries that authorities are trying to alleviate.

Tax

Tax Corporation Tax

Companies worry about double taxation from global tax reform

Accounting Today

JANUARY 9, 2024

International tax professionals are concerned that multinational companies could be facing the prospect of double taxation as a result of the OECD's tax changes, according to a new survey by EY.

Tax

Tax Corporation Tax

Making Tax Digital for Income Tax Self Assessment: Our guide to Unique Taxpayer Reference numbers

Xero

AUGUST 11, 2022

It would be no surprise to learn that many accounting practices and their small business, landlord and sole trader clients are currently suffering from confusion from overuse of acronyms (CFOA). Frankly, you already have enough to remember, thanks to Making Tax Digital (MTD) for VAT and Income Tax Self Assessment (ITSA).

Tax

Tax Corporation Tax Billing XERO

NJ governor pitches higher tax on businesses to help transit

Accounting Today

FEBRUARY 28, 2024

The move would make New Jersey's corporate tax the highest rate in the country.

Corporation Tax

Corporation Tax Tax

Asset managers quietly purge portfolios of tax risk

Accounting Today

MARCH 4, 2024

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.

Tax

Tax Billing Corporation Tax

C-suite execs concerned about taxes post-election

Accounting Today

OCTOBER 9, 2024

A new survey by PwC of top corporate executives uncovered worries about tax policy after the election.

Tax

Tax Corporation Tax

Navigating new terrain with multinational tax compliance

Accounting Today

FEBRUARY 14, 2024

The OECD's Pillar Two international corporate tax rules will impose significant new compliance obligations on midsize multinational enterprises.

Corporation Tax

Corporation Tax Tax

IRS offers tax relief to corporations

Accounting Today

APRIL 15, 2024

The Internal Revenue Service is waiving penalties to companies that fail to pay their estimated taxes for the first quarter for the corporate alternative minimum tax.

Tax

Tax Corporation Tax

Global firms face radical tax changes if minimum levy bites

Accounting Today

JANUARY 10, 2024

The global 15% minimum tax will deliver a significant boost to government revenues and reshape the landscape for multinationals that shift profits around the world.

Tax

Tax Corporation Tax

Making Tax Digital for ITSA has been delayed, but we’re ready to support you

Xero

DECEMBER 20, 2022

HMRC has announced that Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) has been delayed until April 2026. With small businesses, accountants and bookkeepers facing challenging times, we understand and support the delay from HMRC – giving you more time to prepare. . Why has this happened?

Tax

Tax Small Business Accounting XERO Corporation Tax

Curaleaf considers protesting a US tax by not paying it

Accounting Today

MARCH 7, 2024

There are talks of protesting a key piece of tax law that prevents marijuana companies from deducting expenses like other companies do.

Tax

Tax Corporation Tax

Senators introduce bill to remove tax breaks for mergers

Accounting Today

MARCH 22, 2024

An unlikely pair of lawmakers is teaming up to propose legislation to eliminate tax breaks for corporate M&A activity.

Tax

Tax Billing Corporation Tax

IRS finalizes regs on stock repurchase tax

Accounting Today

JULY 1, 2024

The IRS and Treasury Department released final regulations on how companies and tax pros should report and pay the 1% excise tax on corporate stock repurchases.

Tax

Tax Corporation Tax

20 big companies that are getting great tax advice

Accounting Today

DECEMBER 11, 2023

The five S&P 100 companies with the lowest overall tax rates paid an average of -18.87% in 2022.

Tax

Tax Corporation Tax

U.S. companies to face digital services taxes, Yellen says

Accounting Today

OCTOBER 17, 2023

will be unable to sign a treaty on global tax rules in time to uphold a deal that prevents other countries from imposing new levies on some of the largest American tech companies. Treasury Secretary Janet Yellen indicated the U.S.

Tax

Tax Corporation Tax

Coca-Cola to pay $6B tax bill after Tax Court ruling

Accounting Today

AUGUST 5, 2024

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

Billing

Billing Tax Corporation Tax

IRS aims to expand tax certainty programs for big business

Accounting Today

SEPTEMBER 15, 2023

The Internal Revenue Service is asking for comments from business taxpayers and their advisors about ways to improve and expand its programs for resolving tax issues upfront before companies run into compliance problems.

Tax

Tax Corporation Tax

IRS proposes rules for stock buyback tax

Accounting Today

APRIL 9, 2024

The Internal Revenue Service and the Treasury Department issued proposed rules for the stock buyback tax for large corporations.

Tax

Tax Corporation Tax

How we’re making it easier for practices in the UK to manage clients in Xero

Xero

JUNE 18, 2023

It’s all part of our work to connect our practice tools, so that in the future, as you manage your clients’ tax obligations in Xero, the data flows seamlessly into our practice management tools. Here are our latest updates and what they mean for accountants and bookkeepers in the UK.

XERO

XERO Corporation Tax Tax Billing

The best and worst states for corporate taxes

Corporate tax departments find themselves with too few resources

Webinars

Trending Sources

Tax partners matter more than firms when it comes to corporate taxes

Webinars

States cut taxes in 2024

Billionaire, corporate tax hikes will be focus of Biden State of the Union

By the numbers: IRS Direct File, the growing tax gap and more

Tax departments go through transformation

IESBA sets ethics standards for corporate tax planning

Limited liability companies should consider C corporation tax elections

Corporate tax departments expecting changes

Corporate taxes plunged to new low worldwide

Truss dumps U.K. corporation tax freeze plan

Global corporate tax rates stabilize after decades of decline

IRS introduces business tax accounts as it targets big corporations for audits

Ireland still sees minimum corporate tax deal being delivered

Without proper software training, tax season can mean costly gaffes

Buffett says US corporate taxes likely to rise to tame deficit

Microsoft plans to contest IRS claim it owes $28.9B in back taxes

FASB approves income tax reporting standard

Tax leaders worried about election results

FASB releases income tax disclosure standard

Foreign tax credits intersect with global minimum taxes

IRS to begin accepting business tax returns next week

AICPA approves revised tax standards

Get set up for the new tax year with Xero Payroll

International tax changes bring uncertainty to global companies

Companies worry about double taxation from global tax reform

Making Tax Digital for Income Tax Self Assessment: Our guide to Unique Taxpayer Reference numbers

NJ governor pitches higher tax on businesses to help transit

Asset managers quietly purge portfolios of tax risk

C-suite execs concerned about taxes post-election

Navigating new terrain with multinational tax compliance

IRS offers tax relief to corporations

Global firms face radical tax changes if minimum levy bites

Making Tax Digital for ITSA has been delayed, but we’re ready to support you

Curaleaf considers protesting a US tax by not paying it

Senators introduce bill to remove tax breaks for mergers

IRS finalizes regs on stock repurchase tax

20 big companies that are getting great tax advice

U.S. companies to face digital services taxes, Yellen says

Coca-Cola to pay $6B tax bill after Tax Court ruling

IRS aims to expand tax certainty programs for big business

IRS proposes rules for stock buyback tax

How we’re making it easier for practices in the UK to manage clients in Xero

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