The comments are in response to Notice 2025-04, which announced plans for the simplified and streamlined approach as a new transfer-pricing method under Sec. 482 regulations for pricing of baseline ...

The American Institute of CPAs joined the view of business groups that have urged Treasury and the IRS to keep the choice of adopting the simplified transfer pricing rules in the global tax deal fully ...

Choosing the right deduction method, such as standard mileage vs. actual car expenses or simplified vs. actual home office deductions, can impact tax savings. Education, insurance and legal or ...

Current and former government officials said Thursday that countries are hesitant to use a simplified method of transfer pricing being pushed by the US under the global tax deal.

As long as your home office qualifies, you can take this tax break without having to keep records of specific expenses. “I like the (simplified method) because you don’t have to keep as ...