The Step Transaction Doctrine: Page Contents at a Glance Retired high-income earners who have contributed to a Roth IRA may find calculating income taxes confusing, especially […]
Percentage of Completion Method Prior to the Tax Reform Act of 1986, the construction industry could choose from various accounting methods with little restrictions. However, after […]
Short-Term Contracts A contract that begins and ends within the taxpayer’s taxable year is classified as a short-term contract. Under a short-term contract, construction costs […]
The branch profits tax was implemented to subject the income earned by foreign corporations operating in the United States to two levels of taxation like income […]
