U.S. Tax Reform 2.0—BEAT Down, SHIELD Up?
The Base Erosion and Anti-Abuse Tax may be on Biden’s chopping block to be replaced by “Stopping Harmful Inversions and Ending Low-Tax Developments”.
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Yes, Your Crypto Is Taxable. Here’s How to Report Virtual Currency to the IRS
Taxes are one of life’s only certainties, and cryptocurrency is no exception.
Biden's capital-gains tax plan may be retroactive, worrying top bank CEOs
Biden called for nearly doubling the capital-gains tax rate to 39.6%.
Economist surprised Trump-era tax break survived Biden budget plan
Biden surprised some analysts when his $6 trillion 2022 budget proposal didn't touch a 20 percent tax deduction for owners of closely held businesses.
IRS Announces it Will Automatically Correct Tax Returns for Unemployment Tax Breaks
The IRS recently announced that it will start to automatically correct tax returns for those that filed for unemployment in 2020.
‘Silicon Six’ tech giants accused of inflating tax payments by almost $100bn
Study claims firms paid $96bn less in tax between 2011 and 2020 than the notional figures cited in their annual reports.
Taxing The Rich: The Evolution Of America’s Marginal Income Tax Rate
Proponents of higher taxes on the wealthy have been calling for an increase in marginal income tax rates for years.