The IRS hired more than 1,000 new assisters to staff phone lines
The IRS foresees better phone service for taxpayers by hiring more than 1,000 new phone assisters across all call lines.
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Ways and Means proposed IRA changes – what to keep an eye on
Several provisions would tighten IRA rules for high-income individuals, and some other changes apply regardless of income level.
What’s going on with China Evergrande Group?
Investors question whether the potential collapse of China's heavily-indebted real estate developer is China’s "Lehman Brothers moment."
House proposed changes – What should wealthy individuals consider?
What are the proposed tax changes affecting individual taxpayers and what should you consider today to limit your exposure to these changes?
Opportunity zone investors should consider state and local tax credits
Companies may be able to realize additional tax savings through state tax credits and other incentive programs.
Performing a 401(k) retirement plan self-checkup
When an employer sponsors a retirement plan for its employees, it must carefully consider, and continually monitor, the plan provisions.
House Ways and Means releases reconciliation tax payfors
House Ways and Means issues its discussion draft amendment with revenue items to offset $3.5 trillion spending package.
Senator Wyden’s draft proposals target partnership tax rules
Senator Wyden’s recent ‘discussion draft’ legislation, if enacted, would drastically alter many of the tax rules that apply to partnerships.
Security Summit warns of identity theft and unemployment fraud
The Internal Revenue Service Security Summit discusses the common warning signs of identity theft and unemployment benefits theft.
The IRS takes aim at high net worth individuals
A discussion on the IRS concern with non-filers and what can be done to mitigate the risk is provided in this article.
Strategies for streamlining the grant management process
Careful grant management planning can help organizations reduce paperwork, save time, ensure compliance and lead to increased grant awards.
Biden’s clean energy proposals and the consumer products industry
Details of President Biden’s proposals for prioritizing clean energy and its potential effect on the consumer products industry
State tax law changes for the second quarter of 2021
A summary of important updates for determining deferred tax provision under ASC 740 for the quarter ending June 30, 2021.
Nebraska enacts new sales and use tax exemption for ethanol producers
Nebraska broadly exempts manufacturing inputs used by ethyl alcohol producers from the sales and use tax effective Oct. 1, 2021.
Colorado enacts numerous tax-related bills
Trio of tax bills impact individual and business filers with significant corporate income tax changes scheduled for 2022.
Wayfair nexus turns three by celebrating near universal adoption
Three years after the Wayfair decision, economic sales tax nexus has become the norm, but unanswered questions and numerous issues remain.