U.S. Taxation of Outbound InvestmentsU.S. outbound tax rules apply to U.S. tax residents when they earn income from abroad.
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Taxation
Taxation of U.S. Inbound Investments
U.S. inbound tax rules apply to foreign persons (nonresident individuals or foreign corporations) when they earn income from U.S. sources.
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2025 Tax Reform
On July 4, 2025, the President signed domestic spending and tax reform package referred to as the One Big Beautiful Bill Act. The Act represents the most significant update to the federal tax code since the Tax Cuts and Jobs Act of 2017 (TCJA).
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Property Losses & Reimbursements
Were you or your loved ones impacted by the Los Angeles fires? The tax consequences associated with the lost property depend on whether or not the property was insured or, or the loss is compensated otherwise.
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Partnership Tax Return: Schedule B of Form 1065
This guide provides a detailed breakdown of Schedule B of Form 1065, answering each question and explaining the related tax concepts.
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Tax Strategies & Concepts
Learn about U.S. tax strategies like stepped-up basis for inherited assets, tax-deferred annuity interest, tax-free life insurance death benefits, and tax-loss harvesting.
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Hierarchy of Federal Tax Law, Judicial Process, and Rules of Precedence
U.S. tax law is complex. This publication talks about a specific part of it referred to as case law or, using a related term, common law.
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Overview of Partnership Tax Return
Partnerships must file Form 1065, U.S. Return of Partnership Income. Form 1065 requires substantial information, including income, deductions, gains, losses, and specific schedules.
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Business Structures: Tax and Other Considerations
Many founders ask the question about the preferred legal form their business should have. Selection of the appropriate legal status depends on a number of considerations.
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Tax Treatment of Startup and Organizational Costs
To qualify as startup or organization costs and, thus, be subject to specific IRS rules, the costs must satisfy certain requirements.
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