Do you consider not paying taxes “sport?” The President of the United States says he does. And that raises serious concerns about the stability of our voluntary tax system.
The Internal Revenue Service is highlighting tax reform changes that impact depreciation and expensing for nearly every business. In some cases, these changes allow small business owners and the self-employed to write off the cost of machinery, equipment and other property more quickly.
At a time when Trump is doubling down on fossil fuels and withdrawing the United States from global partnerships, Chinese President Xi Jinping’s sprawling “Belt and Road” initiative aims to put Chinese companies and innovation at the center of infrastructure development worldwide, including next-generation power sources.
BYD, the company which built the battery in the ’90s cellphone, now produces more Electric Vehicles than anyone—and it wants to sell them to you, soon.
Investors on both sides of the Atlantic are pushing ExxonMobil to disclose targets that would drastically reduce its greenhouse gas emissions in line with the Paris climate agreement.
Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled.
If you are considering making a sizable gift to a family member such as a partial interest in the family business, how you structure the transaction can have a meaningful impact on the success of the transfer, minimizing taxes, and the control you have even after making the gift.
The Trump administration is moving closer to levying tariffs on nearly half of Chinese imports despite broad opposition from U.S. business.
The escalating trade dispute between the United States and China has prompted the Asian country to turn to Brazil for goods like soy, corn, poultry and pork, increasing the South American nation’s agricultural exports. Moreover, Brazilian steel exports to the United States nearly tripled in June, compared to the same period last year, after the Trump administration slapped a 25 percent steel tariff on other trade partners but not Brazil, which instead agreed to limit its exports of the metal.