Hiya, folks! Nice for y'all to come visit again at the Texas Tax Round Up! We got another installment chock-full of Texas tax action, so let's get started!
Freeman Law frequently advises U.S. multinational corporations. United States-based international businesses are subject to complex reporting and compliance and anti-deferral regimes such as subpart F, global intangible low taxed income.
This year the extended tax filing deadline for U.S. citizens or residents, sole proprietorships, C corporations, and single-owner LLCs is Monday, October 17, 2022.
On September 16, 2022, the IRS published its Exempt Organizations Technical Guide TG 6 IRC 501(c)(6) Business League ("TG6"). TG6 discusses tax exemption of business leagues.