Chicago Mayor Brandon Johnson is reviving his failed corporate head tax initiative amidst other initiatives as he gears up ...
The annual decline was about $70 billion. Companies are writing off billions in A.I. investments, taking advantage of tax ...
As scrutiny over data center investment and AI rises, some commentators are concerned about how expensing interacts with these ongoing investments. Most of these concerns misunderstand what expensing ...
By resurrecting his bid to impose a corporate head tax, Johnson is defying the line in the sand drawn by the coalition of ...
Forbes contributors publish independent expert analyses and insights. Laura Clayton McDonnell covers tax, legal, risk & regulatory issues. Corporate tax professionals have a complicated relationship ...
Mayor Brandon Johnson will again propose Chicago hit big corporations with an employee head tax — with an exemption in poor ...
The new tax law fixed a long-standing issue with the corporate income tax system by providing permanent 100 percent bonus depreciation and expensing for research and development (R&D), removing a tax ...
On January 1, a new global minimum corporate tax of 15% on multinational corporations went live across some European and Asian countries. The following years will likely see more nations—including ...
Congressional Republicans are pushing tax proposals that would significantly reduce taxes for corporations by slashing the corporate tax rate from 21 percent to 15 percent. Their tax plan, including ...
Precision Tax Relief, Priority Tax Relief and Anthem Tax Services are among our top-rated tax relief companies for small ...
The Illinois corporate tax rate applies to certain businesses operating in the state and consists of a flat income tax rate and a separate personal property replacement tax. As of 2025, the corporate ...
California has a high corporate tax rate and strict rules, but its large market and strong economy can benefit some businesses. Companies incorporated or operating in the Golden Gate state should ...