Business & Industry Insights
There’s a push for lawmakers to help companies avoid taxes on canceled debts as they restructure—something congressional staff say they’re considering—as the pandemic has thrown oil and ga ... Read More ››
The IRS’s “chain of causation” approach for minimum tax credit refunds that are attributable to net operating loss carrybacks could prove beneficial amid the pandemic, but might foreshadow ... Read More ››
Multinationals that loan money among their entities or rework existing loans to boost liquidity during the pandemic could end up attracting the attention of tax authorities ... Read More ››
The IRS has clarified how corporations carry back net operating losses to years subject to the alternative minimum tax rules, which had been a source of confusion for taxpayers trying to m ... Read More ››
Hertz Global Holdings Inc. paid more than $16 million in retention bonuses to senior managers, including its new chief executive, just days before it filed for bankruptcy Friday night ... Read More ››
Alvarez & Marsal (A&M) has added further tax expertise with the latest in a series of hires ... Read More ››
