Tax Law
Tax Law
Choosing To Disclose, Cutting Taxes, And Exempting Rounds
ERC voluntary disclosure program sees continued success. IRS national fraud counsel Carolyn Schenck reported that taxpayers disclosed about $1 billion in incorrect employee retention credit ...
Tax Law
Tax Cuts and Jobs Act Expirations
Executive Summary Policymakers should have two priorities in the upcoming economic policy debates: a larger economy and fiscal responsibility. Principled, pro-growth taxA tax is a ...
Tax Law
Rethinking Road Taxes | The Deduction Podcast
Buckle up as we navigate the twists and turns of infrastructure and road funding. As electric vehicles gain traction, traditional gas taxes are running out ...
Tax Law
Social Security Cliffs, California Dreamin’ And Rocky Mountain Highs
Officials: Social Security and Medicare trust funds could go insolvent in about ten years. Trustees for Social Security and Medicare funds warn that the two programs will ...
Tax Law
Paying Too Much, Too Little Time
Some Oregonian TurboTax users may have overpaid their state taxes. Senate Finance Committee Chairman Ron Wyden (D-OR) has written Intuit, which owns tax preparation software ...
Tax Law
Everybody’s Working For The Weekend
Republican TCJA working group in the Senate, too? Taking a cue from House Ways & Means Chair Jason Smith (R-O), top Senate Finance Committee Republican ...
Tax Law
Would Biden Really Scrap The TCJA? Would That Raise Everyone’s Taxes?
President Biden set off a kerfuffle when he posted on “X,” formerly Twitter, “Donald Trump was very proud of his $2 trillion tax cut that ...
Tax Law
4 tips to prioritize advisory firm staff mental health
May is Mental Health Awareness Month, an opportunity for advisory firms to prioritize well-being and rejuvenation. Jump to: Tax and accounting professionals are no strangers ...
Tax Law
Rates, Replacements, Reclassification, And Revenue Shortfalls
Federal Reserve holds interest rates steady. The Fed did not change interest rates and signaled concern about the “lack of further progress” on curbing inflation. ...