By Jonathan Rivlin, CPA It’s been said that there’s a pathway to a particular place that is paved with good intentions. This opening line is a portent of frustrations and difficulties that I know you, my fellow practitioners, have experienced. Whenever I must give a critical review or pass a negative judgement, I always try … Read more
How Does International Tax Reporting Work In the U.S.?
Around the world, countries that have multinational corporations completing business transactions within their borders will tax the income that those companies generate. In the U.S. however, U.S. based multinationals are also taxed for income they’ve accumulated outside of the U.S. However, they receive a tax credit for any foreign income taxes they’ve already paid. American … Read more
