05/22/2024
To preserve popular tax cuts for low and middle-class earners, Congress will look to offset with other revenue sources, including improvements to how multinational corporations are taxed.
05/22/2024
The bank sued the IRS in North Carolina federal court in 2017, claiming it was owed tax-related interest related to a series of mergers.
04/23/2024
The IRS now has more flexibility when analyzing a taxpayer’s ability to pay back taxes.
03/19/2024
Citi didn't respond to a request to comment on Singal's new role or on his calls for higher taxation.
02/29/2024
The platform FamilySight is among only 21 products featured in Accounting Today’s 2024 Top New Products list where it earned an honorable mention.
02/23/2024
The existing disclosure requirements in ASC 740 distinguish between public and nonpublic entities in several different respects, utilizing a definition of “public entity” described in ASC 740-10-20 that is specific only to this Topic.
01/26/2024
A lot can happen in a year’s time that may impact income tax filing.
01/25/2024
The equal ownership rule means that any assets your partner owns (for instance, a property owned in their name and not yours) are considered to be 50% owned by you
01/17/2024
The move comes after the professionals from Reibman, a leading San Diego-based tax compliance and planning firm, joined Andersen.
11/27/2023
It’s crucial when filing to understand what status you fall under.
11/10/2023
The IRS adjusts tax brackets annually — as well as many other provisions, such as retirement fund contribution limits — to counter the impact of inflation.
11/09/2023
"The vast, vast majority of my constituents use the standard deduction on their taxes every year," said Rep. Carol Miller
10/17/2023
The conventional savings accounts offered by most banks and credit unions and some other financial institutions, including online banks, are ideal for saving money for short-term needs.
10/16/2023
55ip delivers custom, tax-smart investing at scale.
10/11/2023
When adjusted for this divestiture, Grant Thornton's year-over-year revenues grew 11.6%, on a pro-forma basis.
10/03/2023
These two worked examples show how the taxing of unrealised capital gains can have unintended consequences.
10/02/2023
He was also a member of Deloitte & Touche’s executive management committee and served as an advisory partner to numerous large clients.
09/01/2023
The decree will be issued directly by the Ministry of Finance and does not require the approval of Congress.
08/31/2023
Under the previous tax regime, businesses could easily deduct R&E expenses as part of their ordinary and necessary operational costs.
07/28/2023
The goal behind Goldstone Financial Group's recently announced tax planning services is to help reduce the tax burden of their clients