How Amazon Storage Impacts Sellers' Tax Compliance
Online retailers that rely solely on third-party logistics providers like Amazon for tax compliance may still face tax liability for direct sales through their own websites. Many states enacted market...
23 Des 202414min
Ex-IRS Head Rettig Warns of Agency Funding Cut Effects
A new White House administration and Republican-led Congress are slated to disrupt how the IRS operates. Republicans' taste for cuts to the agency's annual appropriations and the tens of billions of a...
18 Des 202413min
Fuel Producers Prep for Tax Credit Without IRS Rules
Fuel producers are trying to prepare for a tax credit regime change, even though the Treasury Department has failed to issue rules around those credits. The clean fuel production tax credit under Sect...
11 Des 202413min
US Companies Ready International Tax Asks in 2025 Bill
US companies are ramping up their efforts to lobby Congress on the international tax provisions they'd like to see in a comprehensive 2025 tax bill. Among their priorities is retaining the current r...
4 Des 202413min
What GOP Election Wins Could Mean for Trump Tax Cuts
The re-election of Donald Trump and Republican sweep in Congress makes an extension of the 2017 GOP tax cuts more likely, but there will be hurdles. Republicans want to use a fast-track process to mov...
20 Nov 202410min
IRS Audits of Intercompany Transactions Build Steam
The IRS is winning more cases in the US Tax Court over companies' valuation of intangible assets, such as patents and trademarks, through transfer pricing. The wins have caught the attention of compan...
13 Nov 202418min
What Trump Victory Holds for IRS, Upcoming Tax Talks
The nation is unpacking what comes next with Donald Trump's second presidency and with a Senate that flipped from Democratic to Republican. One of the biggest questions that remains unanswered is how ...
6 Nov 20249min
California Explores Relaxing CPA Education Rules
California regulators are prepared to walk away from strict licensing rules that require accountants to earn the equivalent of five years of college to qualify. The California Board of Accountancy has...
29 Okt 202419min
