In the throes of an election year, politicians are back to their hackneyed talking points about “corporations paying their fair share” and raising the corporate income tax. The irony is that no ...

The UK tax authority Tuesday issued guidance on what expenses companies can deduct to reduce how much income is subject to corporation tax payments.

CPAs can help their clients determine what is a reasonable salary to pay shareholder employees (SEs) of S corporations, thus satisfying an IRS priority to collect proper amounts of employment taxes.

NEW YORK, Sept 16 (Reuters) - While U.S. corporate taxes and interest rates fell over the past 40 years, the federal deficit soared. Does that mean the federal government is now justified in taking a ...