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 Related Topics 
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 
244
244 Join 52,000+
professionals
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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
Limited liability companies should consider C corporation tax elections
Accounting Today
AUGUST 10, 2022
(..)
Corporation Tax 278
278 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
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 297
297 
Truss dumps U.K. corporation tax freeze plan
Accounting Today
OCTOBER 14, 2022
(..)
Corporation Tax 242
242 
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 297
297 
Global corporate tax rates stabilize after decades of decline
Accounting Today
NOVEMBER 18, 2022
(..)
Corporation Tax 246
246 
Ireland still sees minimum corporate tax deal being delivered
Accounting Today
JULY 20, 2022
(..)
Corporation Tax 242
242 
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 208
208 
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 334
334 
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 301
301 
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 336
336 
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 182
182 
Navigating Potential Changes to Corporate Tax Rates
Insightful Accountant
MAY 13, 2024
Small business owners and tax practitioners are debating whether to elect S corporation status before the potential corporate tax rate increase in 2025 due to the expiration of TCJA provisions.
Corporation Tax 103
103 
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 239
239 
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 229
229 
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 189
189 
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 173
173 
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 160
160 
Federal vs. Provincial Corporate Taxes in Canada
Billah and Associates
SEPTEMBER 23, 2024
Understanding corporate taxes in Canada can be challenging, especially since businesses are subject to both federal and provincial taxes. Knowing the differences between these two tax systems and how they impact your business is crucial for ensuring compliance and maximizing tax savings.
Corporate Tax Filing in Singapore: A 2024 Guide for Businesses
Counto
FEBRUARY 7, 2024
Corporate Tax Filing in Singapore: A 2024 Guide for Businesses If you’re a business operating in Singapore, understanding the intricacies of corporate tax filing is essential to maintain legal compliance and financial stability. Click on it to access the corporate tax filing section within the MyTax Portal.
Get set up for the new tax year with Xero Payroll
Xero
MARCH 16, 2023
Corporation Tax UTR for CIS suffered – To be able to claim CIS suffered on your Employer Payment Summary (EPS) you will need to complete the Corporation Tax UTR reference field under the Payroll settings on the HMRC tab.
Payroll 234
234 
60% of Corporate Tax Professionals Believe in Value of GenAI
Insightful Accountant
MAY 9, 2024
A new 'Generative AI' report from Thomson Reuters shows 60% of corporate tax professionals now believe Gen AI should be applied to their work, up from 53% in 2023.
Corporate Taxes: The Benefit of Tax-Deductible Donations
Counto
APRIL 4, 2024
Corporate Taxes: The Benefit of Tax-Deductible Donations In the realm of business, giving back to the community isn’t just about altruism—it’s also about strategic financial planning. Tax-deductible donations offer a unique opportunity for businesses to support worthy causes while also benefiting their bottom line.
CorpPass and Corporate Tax Filing: A Complete Guide for Foreign Entrepreneurs in Singapore
Counto
SEPTEMBER 27, 2024
CorpPass and Corporate Tax Filing: A Complete Guide for Foreign Entrepreneurs in Singapore Navigating Singapore’s regulatory landscape can be challenging for foreign entrepreneurs, especially when it comes to managing corporate tax responsibilities. 30 November: Deadline for annual corporate tax returns.
How we’re making it easier for practices in the UK to manage clients in Xero
Xero
JUNE 18, 2023
What’s new for UK practices in Xero Tax In addition to delivering a single client record across Xero HQ and XPM, we’ve made a number of updates to Xero Tax in the UK, to help you further streamline accounts and tax work.
XERO 263
263 
Making Tax Digital for ITSA has been delayed, but we’re ready to support you
Xero
DECEMBER 20, 2022
We’ll continue to work closely with HMRC to support MTD for ITSA as it evolves, and also support MTD for Corporation Tax when it becomes mandated. Not yet timelined: MTD for ITSA for those with income under £30,000 annually. MTD for ITSA for general partnerships.
Tax 45
45 
Maintain Year-Round Corporate Tax Compliance with Automation
Tipalti
OCTOBER 7, 2024
Complicated tax law changes and corporate tax filing requirements increase tax compliance risk. An automated tax compliance solution can help.
Making Tax Digital for Income Tax Self Assessment: Our guide to Unique Taxpayer Reference numbers
Xero
AUGUST 11, 2022
You’ll see your UTR number at the top of the page, while it will also appear on letters relating to your tax account sent by HMRC, as well as notices to file your return and payment reminders. Limited companies can request their Corporation Tax UTR number online. Where to find more information.
Tax 223
223 
Startup Tax Exemptions: Unlocking Savings with Expert Strategies and Real Examples
Counto
APRIL 10, 2024
This results in a total tax exemption of $125,000, which can be a game-changer for a growing business. The Financial Impact after applying the SUTE: Final chargeable income: $ 175,000 (original profit of $300,000 minus the $125,000 exemption) With the current corporate tax rate at 17%, the tax payable would be $ 29,750.
Tax 98
98 
A short guide to Making Tax Digital for landlords
Xero
MAY 13, 2022
However, if you’re a landlord and you’re registered as a limited company, you’ll need to continue sending limited company accounts and corporation tax to Companies House and HMRC. As well as residential property, the scope of MTD for ITSA includes Furnished Holiday Lettings (FHL), commercial property, and non-UK property. .
Tax 142
142 
Making Big Strides with AI: The Counto Multi-Agent Compliance Model
Counto
APRIL 21, 2024
Experience the Counto advantage Counto is the trusted provider of accounting, tax preparation and CFO services for startups and SMEs. Get accounting plans that combine bookkeeping with corporate tax filing to help you stay compliant at an affordable price.
How to Apply for Halal Certification: A Comprehensive Guide for SMEs
Counto
MAY 4, 2024
Explore Counto’s all-inclusive accounting plans—designed to cover everything from multi-currency bookkeeping to unlimited transactions and corporate tax filing, all without hidden fees. Experience the Counto advantage Counto is the trusted provider of accounting, tax preparation and CFO services for startups and SMEs.
Corporation advantages and disadvantages
Accounting Tools
SEPTEMBER 6, 2023
Related Courses C Corporation Tax Guide S Corporation Tax Guide Types of Business Entities What are the Advantages of a Corporation? A corporation is a legal entity, organized under state laws, whose investors purchase shares of stock as evidence of ownership in it.
A Guide to New FWA Guidelines for Singapore SMEs from Dec 2024Â
Counto
APRIL 17, 2024
Experience the Counto advantage Counto is the trusted provider of accounting, tax preparation and CFO services for startups and SMEs. Get accounting plans that combine bookkeeping with corporate tax filing to help you stay compliant at an affordable price.
Optimizing Your SME’s Cash Flow in Singapore with Working Loans
Counto
OCTOBER 3, 2024
Here are some strategies for leveraging working loans effectively while considering corporate tax implications. Invoice Financing: This enables businesses to borrow against unpaid invoices, improving immediate cash flow without waiting for customer payments, thus avoiding potential tax liabilities from delayed cash inflows.
The 20 worst states for doing business
Accounting Today
FEBRUARY 26, 2024
The lowest-ranked states have property and unemployment insurance taxes like every state, but significantly they also have complex, non-neutral taxes with comparatively high rates.
Tax 340
340 
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 338
338 
Why Singapore is the Preferred Choice for Foreign Companies and Entrepreneurs
Counto
FEBRUARY 8, 2024
This seamless process not only saves time but also instills confidence in investors, Outstanding Tax System Taxes are a crucial consideration for businesses, and Singapore’s tax regime is globally renowned for its attractiveness.
Post-Incorporation Requirements: What to Do After Your Company is Registered in Singapore
Counto
DECEMBER 13, 2024
Registering and Filing Corporate Taxes All companies must register for corporate tax with the Inland Revenue Authority of Singapore (IRAS). Tax Considerations: Start-Up Tax Exemption Scheme : Eligible companies enjoy significant tax savings in the first three years.
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 334
334 
The Tax Impact of Dividends: A Guide for Singaporean Businesses
Counto
SEPTEMBER 28, 2024
Overview of Dividends in Singapore Dividends are payments made by a corporation to its shareholders, typically derived from its profits. In Singapore, the taxation of dividends is governed by the Income Tax Act and is influenced by the country’s one-tier corporate tax system.
Tax 52
52 
Let's personalize your content