| |
|
By C. Wells Hall III, Drew Hermiller 4 min read |
The near doubling of the capital gains tax rate would have a large impact on the net profit from any sale of any capital asset. Read story → |
| |
| |
| | | By Roger Russell 3 min read | Taxpayers won't be able to recover previously paid Medicare taxes and NIIT. Read story → |
|
|
| | | By Laura Litvan 3 min read | The Senate GOP Leader wants to head off an effort to use a fast-track process to pass a Democrat-only bill with trillions in spending and tax hikes on the wealthy. Read story → |
|
|
| | | By Kevin Crowley 4 min read | An influential group that sets tax-reporting standards for major commodities suppliers will meet to discuss removing the company's representative from its board. Read story → |
|
|
| |
| Get twice as many returns out the door with SafeSend Returns. This single solution increases workflow efficiency, elevates client service, and mitigates risk, all while driving down the total cost of delivering completed tax returns. LEARN MORE → |
|
|
| | | By Roger Russell 6 min read | Practitioners have plenty of time to advise clients on multiple savings opportunities. Read story → |
|
|
| | | By Patricia Hurtado and Greg Farrell 3 min read | Trump’s family real-estate company expects to be accused of tax crimes relating to its payment of perks and benefits to favored employees. Read story → |
|
|
| | | By Jennifer Epstein and Erik Wasson 5 min read | Top aides to the president are reaching out to senators to convey his enthusiasm for the agreement, a White House official said. Read story → |
|
|
| | | By Greg Stohr 2 min read | The Supreme Court rejected a New Hampshire challenge to Massachusetts’ practice of taxing people who started telecommuting from elsewhere during the pandemic. Read story → |
|
|
| | | By MacKenzie Hawkins 3 min read | A bipartisan group of lawmakers is proposing to boost affordable housing by 2 million units over the next decade by expanding a key tax credit. Read story → |
|
|
| | | By Michael Cohn 3 min read | Congress reintroduced legislation to prevent abuses of a tax break that’s supposed to protect public lands, but is often used as a tax shelter. Read story → |
|
|
| | Follow Accounting Today in real time. More ways to get the most trusted industry news and analysis. |
|
| | | | | | | | | | | RESOURCES | | | WEB SEMINAR | | Tuesday, July 13, 2021 2:00 PM EDT | Get a head start on next tax season by learning what types of planning might be in store for you and your clients heading into 2022, including a review of all COVID-19 relief provisions, the SECURE Act and the CARES Act. Learn More → | SPONSOR CONTENT FROM WOLTERS KLUWER | | | REPORT | | | An easy guide for Financial Controllers to achieve and maintain compliance with GASB 87. Learn More → | SPONSOR CONTENT FROM EZLEASE | | | REPORT | | | An overview for achieving and maintaining compliance with the ASC 842 lease accounting standard. Learn More → | SPONSOR CONTENT FROM EZLEASE | More resources → |
|
|
|
|
