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Federal tax

This tag is associated with 2 posts

Should MARPA Support Repeal of the Estate Tax?

MARPA has been asked to sign onto a letter supporting a bill that would repeal Subtitle B of the Internal Revenue Code of 1986 that relates to estate, gift, and generation-skipping taxes. Is this something our members support? We want to hear from you. Continue reading

30 Year Old Tax-Break for Exporters is Worth Another Look

Organizations that have export sales can significantly reduce their Federal tax by creating an Interest Charge-Domestic International Sales Corporation (IC-DISC). It’s a long name, but the concept is quite simple. By creating a separate entity, a domestic organization with international sales can defer and/or reduce their overall tax burden related to the income on these international sales. Continue reading