For many companies, the provisions of the Affordable Care Act (ACA) have phased in specific tax credits and potential penalties. Individuals and employers all have criteria to meet...
AccountantIt is evident that the stock market has rallied immensely over the past four or so years, leaving several investors with very large capital gains and even some large positions...
If foreign tax credits exceed the limitation in a given taxable year, these can be carried back one year and forward up to ten years.
Excess credits on general limitation income...