U.S. Trade Deficit Widens Sharply in May, Driven by Goods Imports
The United States experienced a significant widening of its trade deficit in May, with the goods and services shortfall reaching $77.6 billion, a substantial increase of $23.0 billion from the…
August 2026 Sales Tax Due Dates: A Comprehensive Guide for E-commerce Compliance and Multi-State Sellers
The landscape of American fiscal regulation remains one of the most complex challenges for modern enterprises, particularly as the month of August 2026 approaches with a dense schedule of filing…
Navigating the Complex Regulatory and Tax Landscape of Public Electric Vehicle Charging Infrastructure in 2026
The rapid expansion of the electric vehicle (EV) ecosystem has fundamentally altered the landscape of transportation finance and retail compliance, necessitating a sophisticated approach to taxation for operators and service…
Foreign Multinational Enterprises Bolster U.S. Employment and Economic Output in 2024
The majority-owned U.S. affiliates of foreign multinational enterprises (MNEs) demonstrated continued strength in the American economy during 2024, contributing significantly to employment and economic output, according to newly released statistics…
The U.S. Direct Investment Abroad and Foreign Direct Investment in the United States Positions Show Significant Growth in 2025
The cumulative level of U.S. direct investment abroad surged by $438.1 billion to reach a new high of $7.14 trillion by the end of 2025. This substantial increase, as detailed…
U.S. Direct Investment Positions Show Robust Growth in 2024, Driven by European Markets and Manufacturing Sector
The cumulative level of U.S. direct investment abroad, a key indicator of American economic engagement internationally, experienced a significant surge in 2024, reaching a total of $6.83 trillion. This represents…
Stripe and TaxJar Solidify Unified Tax Infrastructure to Streamline Global Compliance for Small and Mid-Sized Businesses
The landscape of digital commerce has undergone a radical transformation over the last decade, shifting from a localized endeavor to a borderless marketplace where small and medium-sized businesses (SMBs) can…
Worldwide Employment by U.S. Multinational Enterprises Decreased 0.4 Percent to 43.9 Million Workers in 2023
Washington D.C. – U.S. multinational enterprises (MNEs) experienced a slight contraction in their global workforce during 2023, with worldwide employment falling by 0.4 percent to 43.9 million workers, according to…
The Evolution of Tax Technology Navigating the Risks and Rewards of AI Integration in Global Compliance
The global tax technology landscape is currently undergoing its most significant transformation since the transition from manual ledger entries to enterprise resource planning (ERP) systems. For decades, tax professionals have…
Puerto Rico’s Real Gross Domestic Product Surges 3.0 Percent in 2023, Reversing Previous Year’s Decline
Puerto Rico’s economy experienced a significant rebound in 2023, with its real gross domestic product (GDP) growing by 3.0 percent. This marks a substantial improvement from the 2.1 percent contraction…

















