Internal Revenue Code Archives - CFO

IRS Guidance on Exec Comp Changes Falls Short

IRS Guidance on Exec Comp Changes Falls Short

A notice on how to apply tax-deductibility changes included in the recent tax-reform law may leave open more questions than it answers.

By David McCann | August 24, 2018

Oil Shipper and Its Former CFO Fined for Understating Tax

Oil Shipper and Its Former CFO Fined for Understating Tax

Overseas Shipholding Group and its ex-CFO allegedly failed to recognize $512 million in tax liabilities over a 12-year period.

By Matthew Heller | January 24, 2017

Trump’s Corporate Tax Reforms: What CFOs Need to Know

Trump’s Corporate Tax Reforms: What CFOs Need to Know

While Trump wants to close loopholes, many of them stem from public policy concerns — not “special interests.”

By Matthew A. Morris | November 11, 2016

The Reform We Need Is Unlikely to Occur

The Reform We Need Is Unlikely to Occur

Politicians won't support reform that would take a bite out of campaign contributions, tax professor says.

By Philip G. Cohen | November 17, 2015

Treasury Proposal Would Thwart Corporate Inversions

Treasury Proposal Would Thwart Corporate Inversions

In March the Treasury Department proposed an amendment to tax law, taking effect in 2015, that would prevent most corporate inversion transactions.

By Vincent Ryan | May 8, 2014