CPA’s Take on the Biden’s Made in America Tax Plan
What’s in Biden’s corporate tax plan? The good news is that it looks like small and mid-sized businesses will be left unscathed.
Public Company Corporate Tax Under the TCJA and Sales Factor Apportionment
In this article, published in Tax Notes Federal on Sept 21, 2020, CPA Chief Economist Jeff Ferry and CPA Board Member Bill Parks analyze the federal corporate tax paid by the S&P 500 companies in 2019 and find they paid on average less than 9% in cash federal tax last year. The authors compare it…