IRS Releases Final and Proposed BEAT Regulations
The IRS has issued final and proposed regulations implementing the
base erosion and anti-abuse tax (BEAT) under Code Sec. 59A. The
BEAT is a minimum tax that certain large corporations must pay on
Final Regulations on Calculation of UBTI Issued
The IRS has released final regulations that present guidance on how
certain organizations that provide employee benefits must calculate
unrelated business taxable income (UBTI) under Code Sec. 512(a)....
Venman & Co. LLC has been serving the accounting and entrepreneurial business needs of closely held businesses in Fairfield and New Haven counties since 1935. As a medium-size accounting firm, we enjoy an excellent professional reputation due to quality service and our commitment to our clients. The Firm is a member of the American Institute of Certified Public Accountants (AICPA) and the Connecticut Society of Certified Public Accountants. The Firm is also a member of the Private Companies Practice Section of the AICPA and has successfully undergone peer review since 1981.
We have a proactive client philosophy which contributes to our success as well as that of our clients. With our extensive experience and technical knowledge, our clients benefit from our abilities as tax and accounting professionals and, even more importantly, business advisors. As a client of the firm, you can be assured of our commitment to prompt personal service and our interest in your success.