Joe Biden’s 67 Percent Tax on Wealth

Last December, when Joe Biden released the details of his $3 trillion+ tax plan, The Washington Post reported that the presidential candidate rejected calls for a new “wealth” tax on millionaires and billionaires. That was then, this is now. Biden may have rejected a Bernie Sanders-style wealth tax, but as the Tax Foundation’s updated analysis…

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BDO merges in Hertzbach

The deal expands BDO’s presence in the Baltimore, Northern Virginia and Washington, D.C., area. Original Article Posted at : https://www.accountingtoday.com/news/bdo-merges-in-hertzbach-company

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How Are Groceries, Candy, and Soda Taxed in Your State?

Even in 2020, jack-o’-lanterns and fake skeletons have popped up in neighborhoods as they do every October, although Halloween may look and play out differently this time around. According to the National Retail Federation, fewer people plan on partaking in Halloween activities, but those that do expect to spend more than usual—and that spending includes…

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In the blogs: That time of year

Taxes on the ballot; dressing out of the office; lowering penalties; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-that-time-of-year

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