To best serve your clients, and your own firm, these are the top items to closely monitor in the year ahead. A Trump tax break kicked off a race to redraw U.S. Census maps | By Noah Buhayar and Lydia O'Neal 11 min read | Maneuvers played out across the country as census tract boundaries were changed to accommodate wealthy investors whose projects fell outside the lines of roughly 8,700 opportunity zones. About 140 tracts grew in size. | | In the blogs: Fun times ahead | By Jeff Stimpson 3 min read | Delaying filing; inbox anxiety; a new voice; and other highlights from our favorite tax bloggers. | |
Global tax leaders see extra risks from pandemic | By Michael Cohn 5 min read | Governments around the world are confronting budget deficits due to the COVID-19 pandemic and corporate tax leaders are worried about higher tax assessments, double taxation, penalties, interest and surcharges. | | |