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)....
Darrah & Company, P.C. was established in early 1996 to serve clients in many industries and services located throughout the Midwest. Our approach is to provide professional services to our clients and build long-term, mutually successful relationships.
We are a member of the American Institute of Certified Public Accountants (AICPA) and the Missouri Society of Certified Public Accountants (MOCPA), and are regulated by the Missouri State Board of Accountancy. Accordingly, the Firm must complete an AICPA peer review every three years.
We are pleased to annouce that our President, Ron T. Darrah CPA CGMA, was recently appointed by the Governor of Missouri to serve on the Missouri State Board of Accountancy. The mission of the Missouri State Board of Accountancy is to protect the interests of all the citizens of the state of Missouri by examining, certifying, licensing and regulating certified public accountants and public accountants, and firms of certified public accountants and public accountants in the state of Missouri.
Please contact us with any questions or comments you may have - we'd love to hear from you. We view ourselves as being proactive and responsive to our clients' inquiries and suggestions.