Created by Congress in 1971 as a tax incentive for domestic exporters of U.S.-made goods, the domestic international sales corporation (DISC) remains a viable tool for small-to-medium sized exporters to reduce their federal...more
On December 8, 2021, the Financial Criminal Enforcement Network (FinCEN) published proposed regulations that would implement the Corporate Transparency Act (CTA), which became law as part of the National Defense Authorization...more
Every few months or so seem to bring new revelations of a Ponzi scheme gone bust. In the aftermath, erstwhile investors often struggle to be made whole again. Fortunately, the federal income tax offers options to help,...more