Category Archives: Tax Code

BAT & Tax Reform: How You Can Prepare

This week’s article is by Mark S. Becker, Partner, CFO Edge, LLC. Among tax reform ideas floated by the new administration and Republicans in Congress is a border adjustment tax – or BAT – that would incent American companies to … Continue reading

Posted in Border Adjustment Tax - BAT, Cost Analysis, Financial Regulations, Los Angeles, Outsourced CFO Services, Risk Management, Tax Code, Tax Compliance, Tax Strategy | Tagged , , , , , , , , , | Leave a comment

How the Variable Interest Entity Proposal Could Benefit Businesses

For years, business leaders have used a simple strategy to save on taxes: creation of a separate company to purchase the real estate and then lease it to the operating company. The separate company is known as a variable interest … Continue reading

Posted in CFO Services, Cost Cutting Strategies, Financial Strategy, Tax Code | Tagged , , , , , , , , , , | Leave a comment

IRS Releases Final Repair Regulations for Property Expenditures

After many years of controversy and temporary regulations, the IRS has now released the final regulations regarding deduction and capitalization of expenditures related to tangible property. Los Angeles and Southern California businesses have been waiting for almost a decade for … Continue reading

Posted in CFO Services, Los Angeles, Tax Code, Tax Compliance, Tax Preparation | Tagged , , , , , , , , | Leave a comment

SALT: What You Should Know About State and Local Tax Payments

Companies that conduct business in multiple states may be required to pay state and local taxes (SALT), but many often aren’t aware of this obligation. Whether or not a company must pay SALT is determined by a concept called “nexus” … Continue reading

Posted in Financial Strategy, State & Local Taxes (SALT), Tax Code, Tax Compliance | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

The Lowdown on The Fiscal Cliff Legislation

With passage of the American Taxpayer Relief Act on New Year’s Day, business leaders are coming away with a combination of good news and bad news for themselves and for their companies. This article… The Lowdown on The Fiscal Cliff … Continue reading

Posted in Financial Policy, Financial Strategy, Financial Trends, Fiscal Cliff, Tax Code | Tagged , , , , , , , , , , , , | 1 Comment

The California Impact of a Hard Cap on Federal Tax Deductions

This post is by Randy S. Miller, Partner, CFO Edge, LLC. Over the past few months, we have been discussing the potential impact of the “fiscal cliff” on businesses and taxpayers. As the end of the year nears without any … Continue reading

Posted in Financial Policy, Financial Trends, Tax Code | Tagged , , , , , , , , , | Leave a comment

The Byzantine U.S. Tax Code

Take a look at these quotes from press releases and statements made by members of Congress concerning the U.S. tax code (www.house.gov): “The Internal Revenue Code and regulations add up to one million words…nearly seven times the length of the … Continue reading

Posted in Tax Code | Tagged , , , , , , , , , , , | Leave a comment