Tax

This is FindLaw's collection of State and Federal Tax articles, part of the Finance section of the Corporate Counsel Center. While some states do not have an income tax (Nevada), all residents and all citizens of the United States are subject to the federal income tax. Corporations file taxes as well. While they are subject to may of the same rules as are individual taxpayers, they are also covered by an intricate body of rules addressed to the peculiar problems of corporations. Law articles in this archive are predominantly written by lawyers for a professional audience seeking business solutions to legal issues. Start your free research with FindLaw.

Tax Articles
    • New Jersey Program Allows Technology Businesses to Sell Tax Losses and Credits

      Tax UPDATE New Jersey.s Technology Business Tax Certificate Transfer Program allows new or expanding technology and biotechnology businesses to "sell" their unused net operating loss (NOL) carryovers and unused research and development tax credits ...

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    • Alternative Fueled Vehicles and Alternative Vehicle Fuels

      Driving a car fueled by something other than gasoline or diesel fuel is no longer the stuff of science fiction. In addition to conventional gasoline and diesel fuel, reformulated cleaner gasoline and alternative fuels now are sold in many ...

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    • Review Your Deferred Compensation Plans to Avoid Penalty Taxation
      Tucked away in the voluminous American Jobs Creation Act of 2004, which was signed into law on October 22, 2004, is a provision changing the taxation of nonqualified deferred compensation. Nonqualified deferred compensation arrangements allow ...

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    • Pension Simplification for Small Businesses
      Recent changes in the pension laws, including the passage of The Small Business Job Protection Act of 1996, have vastly changed the pension landscape. The Small Business Job Protection Act (the Act), which became law on August 20, 1996, was designed ...

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    • Real Property Tax Issues
      Tax advantages or disadvantages may result from subdividing land for purpose of sale, foreclosing or repossessing real property you have sold, or purchasing real property from a nonresident alien. This article will briefly discuss certain tax ...

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    • Corporate Gifts To Public Officials
      In July, 1998 a prominent California winery agreed to pay $150,000 in fines and other penalties for making a total of $374 in illegal gratuities to a Federal official. Since providing meals, beverages or entertainment is a common practice among ...

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    • Managing Stock Options in a Volatile Market
      Until recently, few people outside the investment community understood the value of stock options. But the explosion of entrepreneurial companies in the 1990s, spurred by a raging bull market, changed all that. Today, nearly all employees of growing ...

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    • IRS Physician Recruitment Ruling
      On April 22, the IRS released its long-promised revenue ruling dealing with physician recruitment by tax-exempt hospitals. While Revenue Ruling 97-21 contains few surprises, it does include more detailed information than was previously available ...

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    • IRS Issues New Regulations for Payments to Foreign Persons
      Payments to domestic and foreign persons create a number of withholding and information reporting obligations for both the payor and the recipient of these payments under various provisions of the Internal Revenue Code (the "Code"). These procedures ...

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    • How to Effectively Compensate Your Management Team
      Recruiting and retaining premier executives to manage developing entrepreneurial and technology companies is a problem that often can be overcome with creative compensation packages. While highly attractive executives often have an entrepreneurial ...

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