Accounting
Donald Trump’s Bullet Point Tax Agenda
President Trump is formally kicking off his reelection campaign with a couple of pages of bullet points. It makes for a thin tax policy agenda.
Read MoreFiling relief granted for California fires, Iowa storms
The IRS is extending filing and payment deadlines for the victims of recent disasters. Original Article Posted at : https://www.accountingtoday.com/news/filing-relief-granted-for-california-fires-iowa-storms
Read MoreBillionaire Robert Smith fighting U.S. criminal tax inquiry
When billionaire Robert Smith ended his 2019 Morehouse College commencement speech by vowing to pay off student debt for the entire graduating class, cheers of “MVP, MVP, MVP!” rose from students and faculty on the Atlanta campus. Original Article Posted at : https://www.accountingtoday.com/articles/billionaire-robert-smith-fighting-u-s-criminal-tax-inquiry
Read MoreElection 2020: Trump vs. Biden on corporate tax policy
Top 10 Firm Crowe has put together an at-a-glance guide to the candidates’ positions on corporate taxes. Original Article Posted at : https://www.accountingtoday.com/list/election-2020-trump-vs-biden-on-corporate-tax-policy
Read MoreWho Will Pay for the Roads?
Key Findings The future of funding for America’s highways has been the topic of much political discussion for decades. While many states have increased motor fuel tax rates over the last decade, the federal government has not updated the gas tax since 1993. The motor fuel tax is a relatively well-designed tax which acts as…
Read MoreDeadline nears to return IRA RMDs
The IRS is reminding taxpayers about the CARES Act’s waiver of required minimum distributions for 2020. Original Article Posted at : https://www.accountingtoday.com/news/deadline-nears-to-return-ira-rmds
Read MoreEmbark expands despite pandemic
The Dallas-based advisory and consulting firm has expanded to Phoenix and Salt Lake City this year. Original Article Posted at : https://www.accountingtoday.com/news/embark-expands-despite-pandemic
Read MoreIRS rolling back penalties on employers who didn’t deposit enough taxes but plan to claim new tax credits
The Internal Revenue Service plans to correct penalties mistakenly levied on employers who reduced their tax deposits because they expected to claim some of the new tax credits to which they’re entitled. Original Article Posted at : https://www.accountingtoday.com/news/irs-rolling-back-penalties-on-employers-who-didnt-deposit-enough-taxes-but-plan-to-claim-new-tax-credits
Read MoreIRS revamps procedures for litigating taxpayer disputes, curbing appeals
The Internal Revenue Service limited taxpayers’ ability to resolve their tax cases directly with the IRS’s Independent Office of Appeals in a memorandum Monday. Original Article Posted at : https://www.accountingtoday.com/news/irs-revamps-procedures-for-litigating-taxpayer-disputes-curbing-appeals
Read More