This study examines factors that influenced public companies to retain or dismiss their audit firms as tax service providers during the years immediately surrounding the passage of the Sarbanes-Oxley Act (SOX) in 2002. We find a positive relation between a company's tax and operating complexity...

For decades the marriage penalty tax (MPT) has been debated, reduced, increased, and muddled in the US tax system. The issue is important to individual taxpayers, as well as to policy-makers, academic researchers, and society overall. Research shows that the MPT has a negative impact on marital...

This paper presents perspectives of accounting faculty members on the relative importance of topics that should be presented in a one-semester graduate level international taxation course. Understanding of international taxation has become an increasingly critical part of the tax and accounting...

Complex tax laws and the costs of complying with those laws are a major concern to U.S. multinational corporations. High costs of complying with complex tax rules and the nature of these rules are widely viewed as an impediment to the ability of U.S. multinational corporations to effectively...

While the federal and state income taxation of regular sole proprietorships and single member LLCs taxed as sole proprietorships and the taxation of the owners of such businesses is substantially the same, there are a number of tax and non-tax differences that should be taken into account in...

Estate planners undertake various strategies to minimize estate taxes and income taxes of the estate and beneficiaries with respect to property received from the estate. A tax planning strategy that can significantly reduce income taxes of the estate and/or its beneficiaries is to structure the...