What are some of the most important recent changes in U.S. GAAP Accounting Standards? Why is it important for public and private companies and corporations that do business in the United States to understand and apply all U.S. GAAP (Generally Accepted Accounting Principles) Accounting Standards? How can Janathan L. Allen,...
Legal and Tax Services for U.S. Owners of Offshore Companies
Are you searching for an integrated provider of legal and tax services for U.S. owners of offshore companies and corporate interests and investments? The ownership of an offshore company has become much more complex over the past several months. While international holdings open the door to global markets, tax benefits,...
The Primary Concerns and Considerations of an IRS Audit
What are the primary concerns and considerations of an IRS audit? What exactly is its fundamental and overriding purpose? Is it -- as an Internal Revenue Service communiqué recently stated -- "a deterrent to … potentially noncompliant taxpayers," or is it primarily and foremost a tool to generate much need...
Changes to Accounting Rules Affect Realization of Income for Public Corporations
Recent changes to accounting rules affect realization of income for public corporations to take effect December 15 of this year. The new accounting standard will have an impact on the details companies must capture affecting everything from corporate financials to domestic and international tax accounting. The new rules replace virtually...