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Tax Executive

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TEI sets education calendar.
TEI's Continuing Education Committee has announced the Institute's schedule of educational events for the next 18 months. The Institute will offer seminars on financial reporting, advanced . . .

All taxes (and politics) may be local ... but effective advocacy is global.(Recent Activities)
The global reach and effectiveness of Tax Executives Institute's advocacy efforts has been in full display this spring, according to TEI President David L. Bernard. From filing a "friend of the . . .

Legal and practical issues in applying FIN 48.
In June 2006 the Financial Accounting Standards Board (FASB) issued Interpretation No. 48 (FIN 48), which addresses accounting for uncertainty in income taxes? This article proposes a practical . . .

Chapter Employment Committees.
Most TEI chapters have formed Employment Committees to provide information to members seeking employment and companies seeking to fill positions. For specific information, please write or call the . . .

International tax directors meet in Madrid.
[ILLUSTRATION OMITTED] Caption: International Tax Directors Forum. During the May 2007 meeting of the International Tax Directors Forum in Madrid, TEI Executive Director Timothy McCormally . . .

Senior tax executives discuss tax, risk, and management at Indian Wells.
More than 125 chief tax officers and other senior tax professionals attended TEI's Fourth Annual Senior Tax Executives Conference in mid-May. The two-day conference in Palm Springs afforded the . . .

Let's combine the income and payroll taxes into a rational tax system.
Many of the problems of the current tax system are attributable to there being two major taxes imposed on individuals: income taxes and Social Security payroll taxes. Under current law, Social . . .

A conversation with the new Chief of Appeals: an interview with Sarah Hall Ingram.(Interview)
TEI: Sarah, you've been Chief of Appeals for more than six months now. Is Appeals what you expected? How have you found the state of Appeals? Sarah Hall Ingram (SHI): I've worked with Appeals . . .

Proposed revision of Form 5471.
The Internal Revenue Service recently sought input from Tax Executives Institute and other stakeholders regarding proposed changes to Form 5471, Information Return of U.S. Persons with respect to . . .

Supplemental comments on the proposed "Tangibles Regulations".
On June 19, 2007, TEI President David L. Bernard submitted a letter to Assistant Treasury Secretary for Tax Policy Eric Solomon providing supplemental comments on the proposed regulations relating . . .

TEI urges Supreme Court to clarify nexus standard: argues in MBNA case for clear-cut physical presence standard.(Tax Executives
Tax Executives Institute has filed a brief amicus curiae with the Supreme Court of the United States in a case involving whether states may constitutionally impose income and franchise taxes on . . .

A year of challenge and accomplishment.(President's page)
The calendar does not lie. And the calendar says that a year has passed since I met with TEI s 2006-2007 Regional Vice Presidents and Chapter Presidents to outline a set of proposed objectives for . . .

Do you know where your employees' wages are? New section 199 W-2 wage limitation guidance.
Background Section 199 was added to the Internal Revenue Code (1) by section 102 of the American Jobs Creation Act of 2004 (2) and was amended by section 403(a) of the Gulf Opportunity Zone Act . . .

TEI member comments on Form 5471: July 2007.
Note: These comments are a compilation of recommendations received from TEI's members on Form 5471. After the June 6th meeting with the IRS, TEI circulated 13 questions among the members of its . . .

Comments relating to the treatment of transaction costs required to be capitalized under section 263.
On July 13, 2007, TEI President David L. Bernard submitted a letter to Assistant Secretary of the Treasury for Tax Policy Eric Solomon and Acting IRS Commissioner Kevin Brown relating to the . . .

Bidding adieu to TEI mainstays.(Tax Executives Institute)(Obituary)
Spring is a time of commencements, as students at all levels finish their studies, give a nod of appreciation and thanks to their teachers and mentors, and then head off into the world. This year, . . .

Measuring tax benefits under FIN 48 - eliminating some of the agita.
The Financial Accounting Standards Board's Interpretation No. 48 (FIN 48) has generated much agita (1) for corporate tax departments. While several parts of FIN 48 are responsible for this stomach . . .

Calendar of events.(Calendar)
Date Events 2007 July 9-13 Federal Tax Course--Level II (IUPUI--Indianapolis, IN) August 12-14 Annual Meeting of Members/ . . .

Brief of Tax Executives Institute, Inc. as amicus curiae: on July 18, 2007 Tax Executives Institute filed this brief with the Su
IN THE Supreme Court of the United States No. 06-1413 MEADWESTVACO CORPORATION v. ILLINOIS DEPARTMENT OF REVENUE On Petition for a Writ of Certiorari Interest of Amicus Curiae . . .

A survey of sales, use, and VAT tax solutions.
As a business progresses through the growth cycle, from start-up to Fortune 100, there is a need to assess periodically the methods and systems used to comply with sales, use, and VAT tax laws. . . .

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