The Tax Adviser

Multistate corporate income taxes: An exercise in nexus and apportionment

This case study can provide practical instruction to students and entry-level accounting staff in key issues of state ...

Tax Breaks: The Slow Down, Double-Check Edition

Plus: Social Security benefits, IRA contributions, AI and the IRS, tax season filing statistics, Taxes From A to Z, tax filing deadlines, tax trivia and more.
Opinion

CRITICAL MASS | OPINION: How protest songs shape public memory — from Bob Dylan and Nina Simone to Springsteen and U2

This year, two arena-filling artists returned to the older civic function of song. Bruce Springsteen’s “Streets of Minneapolis” and U2’s elegiac “American Obituary,” written in response to immigration ...

There’s a new way to measure La Niña and El Niño. Here’s what it means for weather

The new methodology will make it more likely we’ll see La Niñas in our future and less likely we’ll see El Niños.
Tax Guru

Draft Income Tax Rule 124 – Furnishing of report in respect of an international group under section 511

Draft Rule 124 of the Income-tax Rules, 2026 sets out the procedure, timelines, and forms for furnishing country-by-country reports under section 511, triggered by a ₹6,400 crore consolidated revenue ...

Profits vs. Earnings: Key Differences Explained

Discover how profits and earnings differ and their significance in financial statements, alongside key metrics like net profit and EBITDA.