| By Roger Russell 3 min read | The groups want the service to reduce unnecessary burdens on taxpayers and tax preparers. Read story → |
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| | By Jim Wyss 4 min read | The “resident investor” incentive, commonly known as Act 22, lures wealthy individuals with the promise of legally skirting U.S. federal income tax. Once they’re Puerto Rico residents, they pay zero tax on capital gains, dividends and interest, making it particularly attractive to holders of cryptocurrencies. Read story → |
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| | By Erik Wasson 4 min read | President Joe Biden said his $2 trillion economic agenda will have to be broken up so that a scaled back version can pass Congress in the face of resistance in his own party that’s stalled the expansive package. Read story → |
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| | By Norah Mulinda 1 min read | House lawmakers introduced a bipartisan bill that would strip the International Olympics Committee of its tax exemption status. Read story → |
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| | By Laura Davison 2 min read | Several House Democrats promise to sink President Joe Biden’s economic agenda if a scaled-back version now being considered eliminates an expansion of the federal deduction for state and local taxes. Read story → |
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| | By Peter J. Scalise 10 min read | The following steps will guide you in establishing an all-inclusive tax research effort on behalf of your entire client base while ascertaining the likelihood of success. Read story → |
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| | By Erik Larson 3 min read | New York’s attorney general asked a judge to order Donald Trump and two of his adult children to testify under oath as part of a civil probe. Read story → |
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| | By Jeff Stimpson 4 min read | Bumps ahead; Airbnb risks; the case for the CTC; and other highlights from our favorite tax bloggers. Read story → |
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| | By Allyson Versprille 3 min read | It’s one of the hottest corners of crypto — and now the U.S. government wants its share of the profits. Read story → |
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| | By Ben Worrell 4 min read | Advice from accountants on economic incentives can help bring more tax revenue and employment to communities. Read story → |
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