Each year when it’s time to file your federal income tax return, you must make an important decision: Claim the standard deduction or itemize. You can’t do both—you have to pick just one. Fortunately, ...
This article discusses the evolution of how R&D expense has been determined and whether the Trump Administration will save ...
Treasury is drafting guidance to let companies fully claim retroactive R&D deductions restricted by the 15% minimum tax. ・The ...
April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how ...
Industry groups are lobbying the Treasury Department to create a special exemption from the corporate minimum tax — enacted ...
Did you know you might be able to deduct a swimming pool, dead-beat friend debt, and cat food on your taxes? Those are just the start of some creative deductions you might be able to add to your 2022 ...