Editor’s Note: The 2017 tax reform legislation permanently reduced the corporate tax rate from 35 percent to 21 percent. 1 The final version of tax reform did not provide a special tax rate for ...

Janet Berry-Johnson is a CPA with 10 years of experience in public accounting and writes about income taxes and small business accounting. Dividend exclusion is a general term for a variety of federal ...

Dividends received by a domestic corporation which owns at least 10 percent of a foreign corporation are subject to a domestic corporation deduction only to the extent that the dividends are deemed ...

The Internal Revenue Service released final regulations Wednesday on how a regulated investment company that receives qualified real estate investment trust dividends should report the dividends paid ...

The Tax Cuts and Jobs Act introduced a dividends received deduction (DRD) in new section 245A. Among its provisions was a disallowance of credits or deductions for foreign taxes paid on dividends ...