Majority-Owned U.S. Affiliates of Foreign Multinational Enterprises Employ 8.57 Million Workers in 2024, Indicating Steady Growth

Majority-owned U.S. affiliates of foreign multinational enterprises (MNEs) provided employment for 8.57 million individuals across the United States in 2024, marking a marginal increase of 0.2 percent from the 8.56…

Essential Sales Tax Compliance Guide and Deadlines for August 2026

The landscape of American interstate commerce requires a meticulous approach to regulatory compliance, particularly as the mid-summer filing season approaches. For businesses operating across state lines, the month of August…

Navigating E-commerce Sales Tax Complexity in the Second Half of 2026: A Comprehensive Guide for Retailers

The second half of the calendar year represents the most critical period for the global e-commerce sector, characterized by a rapid succession of high-volume shopping events including Prime Day, back-to-school…

Navigating the 2026 Colorado Retail Delivery Fee Requirements and Compliance Standards for Remote and In-State Sellers

Effective July 1, 2026, the state of Colorado has implemented its latest scheduled adjustment to the Retail Delivery Fee (RDF), a unique regulatory measure that impacts every retailer—both domestic and…

Foreign Direct Investment Surges in the U.S. to $232.2 Billion in 2025, Driven by Acquisitions and Manufacturing Expansion

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses reached a robust $232.2 billion in 2025, according to preliminary statistics released by the U.S. Bureau of Economic…

Comprehensive Guide to State Sales Tax Holidays in 2026: Navigating Consumer Benefits and Regulatory Challenges for Businesses

The landscape of American retail is punctuated annually by a series of state-mandated fiscal events known as sales tax holidays. For consumers, these windows represent a strategic opportunity to purchase…

Foreign Direct Investment Surges in the U.S. to $232.2 Billion in 2025, Driven by Acquisitions and Manufacturing Sector Strength

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses surged to a remarkable $232.2 billion in 2025, marking a substantial 49.5 percent increase, or an additional $76.8…

Navigating the Mirage of Accuracy: The Risks and Realities of Artificial Intelligence in Tax Research and Compliance

The integration of generative artificial intelligence into the financial sector has fundamentally altered the workflow of tax professionals, reducing tasks that once required hours of manual labor into processes completed…

Foreign Direct Investment Fuels U.S. Economic Growth with Record $232.2 Billion Inflow in 2025

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses surged to a remarkable $232.2 billion in 2025, according to preliminary statistics released by the U.S. Bureau of…

Puerto Rico’s Real Gross Domestic Product Surges 3.0 Percent in 2023 After 2022 Contraction

Puerto Rico’s economy demonstrated a significant rebound in 2023, with real gross domestic product (GDP) increasing by 3.0 percent. This marks a notable recovery from the 2.1 percent decrease experienced…