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Exploring key 2024 tax bill proposals

ThomsonReuters

Tax planning shift s: If passed, this legislation necessitates advising clients on restructuring executive compensation and exploring alternative tax strategies. This means that any gains from such transactions would be subject to ordinary income tax rates rather than the lower capital gains tax rates.

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What is Schedule K-1?

ThomsonReuters

K-1s are sometimes confused with Form 1099s, which are tax information documents for individuals who are not employees, like sole proprietors and freelancers. K-1s, however, are quite different and can come with some complexities for tax and accounting firms. from the partnership for the tax year. What is Schedule K-1?

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4 international tax planning strategies for global companies

ThomsonReuters

Read our white paper about corporate tax management to learn how next-generation tax technologies help tax professionals deliver valuable analysis, insights, and guidance to their companies.