2025 accounting firms corporation tax income tax 
ThomsonReuters
FEBRUARY 9, 2024
Under this act, if a corporation’s CEO or highest-paid employee’s compensation exceeds 50 times the median worker’s pay, the corporate tax rate would be increased by a penalty determined by the legislation.
ThomsonReuters
OCTOBER 19, 2022
The Inflation Reduction Act of 2022 imposes a new 15% corporate alternative (book) minimum tax on the adjusted financial statement income of applicable corporations (those with 3-year average financial statement income of at least $1 billion). Tax-exempt organizations may make this election for twelve credits.
LyfeAccounting
OCTOBER 29, 2020
With the US presidential election is right around the corner, and since we’re an accounting firm that loves taxes, it’s only right that we make a post discussing President Trump’s Tax Plan vs Former Vice President Joe Biden. increase in taxes if you’re making over $400,000 under Biden‘s proposal. Child Tax Credits.
Expert insights. Personalized for you.
110 
Let's personalize your content