Tips to help you prepare for tax season
IRS Tax News - Association addresses digital economy tax issues The Association of International Certified Professional Accountants released a policy paper urging global solutions to the tax treatment of transactions in the digital economy, emphasizing its own Guiding...read more
Tax Policy - Treasury Department Proposes New Regulations for Opportunity Zones On Friday, the Treasury Department released new regulations on the Opportunity Zones program—an investment tool established by 2017’s Tax Cuts and Jobs Act—that will allow investors to...read more
Tax Policy - Top State Tax Ballot Initiatives to Watch in 2018 Ballot initiatives and referenda are often an afterthought on Election Day, but in many states, voters going to the polls on November 6th, 2018 will have the opportunity to weigh in on significant—in some...read more
Tax Policy - A Summary of Criticisms of the EU Digital Tax Key Findings The European Commission (EC) has introduced two proposals intending to tax digital companies that have significant activity in Europe. The long-term proposal is a framework for establishing...read more
Tax Policy - Senators Propose Three Different Bills on the Plug-In Electric Vehicle Tax Credit Three bills in the U.S. Senate are competing to change the federal tax credit that benefits buyers of electric vehicles. The three bills vary in scope and action, ranging...read more
Tax Policy - New IRS Data Reiterates Shortcomings of the Estate Tax The Internal Revenue Service (IRS) recently released federal estate tax data for 2017. This data continues to show relatively few taxpayers pay the estate tax—the number of estate tax filers has...read more
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