US tax filing due dates have been changed for the first time in more than three decades, including returns for partnerships and corporations. The changes go into effect starting with 2016 US tax returns, which will be filed in calendar year 2017. This post contains an easy-to-read chart showing the new (and former) due dates.
Today’s superstar athletes are powerful corporate brands, and they and their teams are looking for creative ways to reduce personal and corporate taxation. UK soccer clubs are compensating players and some coaches under a tax scheme that has some wondering if teams, players and coaches are effectively engaging in tax evasion.
Increasingly, US companies are sending employees on what amount to short international assignments, and they may not even know it. These may be formal short-term assignments with written agreements or could simply be “international commutes” involving occasional business trips to one or more countries.