At a Glance 529 plans offer a tax-advantaged way to save for education expenses. Recent changes expand the types of expenses that may qualify for tax-free 529 plan distributions, including…
Archives for November 2026
NCTI: Changes to the Taxation of Controlled Foreign Corporation Income
At a Glance Beginning after December 31, 2025, Global Intangible Low-Taxed Income (GILTI) becomes Net CFC Tested Income (NCTI). The updated rules may subject more controlled foreign corporation (CFC) income…
Foreign Tax Export Incentives: IC-DISC and FDDEI Planning Opportunities
At a Glance U.S. businesses that export products or services may have opportunities to reduce their federal tax liability through an Interest-Charge Domestic International Sales Corporation (IC-DISC) structure or the…
International Tax Considerations for Foreign Individuals and Dual Residents
At a Glance Foreign individuals, dual residents, green card holders, and globally mobile families with U.S. connections may face significant changes in their U.S. tax exposure and reporting obligations. Potential…
FDDEI: Changes to the Foreign-Derived Income Deduction
At a Glance Beginning with taxable years after December 31, 2025, the foreign-derived income deduction available to C corporations is renamed Foreign-Derived Deduction Eligible Income (FDDEI). The updated rules expand…
