If you’re charitably minded and seek to make a difference with your money while gaining tax-related benefits in the process, it’s time to consider donor-advised funds (DAFs).
At a time when business-to-business e-commerce represents approximately 25 percent of the global manufacturing trade, companies are increasingly choosing to only complete business transactions with companies working with an e-commerce system.
Transfer pricing is one of the top audit issues for the IRS and global businesses could risk incurring steep penalties on transfer pricing adjustments if they are not in compliance. It is now more important than ever for global companies to fully grasp the concept of transfer pricing and use it to maximum advantage.
Do you understand the advantages and disadvantages of filing your taxes as a C corporation versus an S corporation? It may be worth your time to consider the differences and to determine which is best for you and your business.