Payroll companies need guidelines on how to implement President Trump's executive order before they can start processing paychecks next month. Employers face payroll tax dilemma after Trump delays due date | By Laura Davison 3 min read | President Donald Trump’s order to delay collection of payroll taxes thrusts a dilemma on U.S. companies: continue withholding the money from workers expecting bigger paychecks or pass it on and potentially put themselves or their employees at risk of a big end-of-year bill from the IRS. | | Trump pledges big tax cuts that may do nothing for the economy | By Laura Davison 4 min read | President Donald Trump is tapping his presidential authority to make tax changes that Congress is refusing to do, but his limited power means he could end up over-promising and under-delivering on his pledge to slash IRS bills. | |
In the blogs: Still going viral | By Jeff Stimpson 3 min read | Reopening the IRS; wording a referendum; the season that won’t end; and other highlights from our favorite tax bloggers. | |
Trump fires back at Manhattan D.A.’s hint of a fraud investigation | By Bob Van Voris 2 min read | President Donald Trump urged a judge to block a New York grand jury from reviewing his tax filings and disputed a suggestion by Manhattan District Attorney Cyrus Vance Jr. that the panel may be looking into bank and insurance fraud at the Trump Organization. | | WEB SEMINAR | Implementing a cloud-based digital tax workflow in time for 2021 | Join this 60 minute CPE accredited panel discussion and gain insights into what it takes to successfully implement a cloud-based Digital Tax Workflow in time for 2021. We’ll also cover the many advantages of doing so with many shelter-in-place protocols still in effect due to COVID-19. | |
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