That conversation set me off on a journey, deep into the world of generative AI and agentic systems, exploring how these ...

Mayor Mike Duggan on Monday proposed the city appropriate its surplus to create a new $42-million reserve fund.

Corporate accountants know all sorts of perfectly legal, low-audit-risk opportunities for reducing tax burdens for their ...

Corporate tax policy is front and center in this election. If elected president, Vice President Kamala Harris says she would raise the corporate tax rate from 21% to 28%, while former President Donald ...

Duggan’s call for a new reserve fund comes as the three-term mayor is in his final four months in office and running for governor, and about six weeks before Detroiters will elect a new mayor: either ...

U.S. taxpayers face big tax risks when making a loan to a foreign corporation. If IRS reclassifies as equity CFC and PFIC ...

Facing a $1 billion deficit, Mayor Brandon Johnson has said he would consider a ‘head tax’ or a payroll expense tax, both of which the city’s business community opposes.

TOKYO, Japan - Olympus Corporation is writing a hefty check to settle a discrepancy in its tax filings. Japan's Jiji Press is reporting that the maker of medical devices and technology failed to ...

Detroit plans to use a portion of its $60 million budget surplus to offset a projected $42 million decline in corporate tax revenue this fiscal year, Mayor Mike Duggan announced Monday.

Small businesses face unique tax debt challenges. Learn about IRS relief options like installment plans, OIC, CNC status, and ...

HMRC lost £836mn to “phoenixing” — where companies are repeatedly liquidated and set up under new names, sometimes deliberately to avoid payment of tax and other debts — in the 2022-23 tax year, the ...