Tax Firms Expand as Clean Energy Credit Demand Grows
Demand from clean energy and corporate clients looking to secure their share of credits from the tax-and-climate law is helping boost tax and law firms' footprints. The Biden administration’s 2022 Inf...
9 Aug 202312min
IRS Cracks Down on NIL Collectives' Tax-Exempt Status
The IRS rocked the name, image, and likeness industry after it released a memo saying that many organizations that fund college athletes won't be tax-exempt. The NCAA allows for college athletes and r...
2 Aug 202312min
The Politics of the Global Tax Deal, and What's Next
Governments landed agreement on some of the global tax deal's biggest open issues earlier this month. But major political questions remain. The issues will play out over the coming years in the US and...
26 Jul 202320min
Business Roundtable Official Talks Chile Tax Treaty
The US Senate passed a long-stalled tax treaty with Chile last month, overcoming a dispute between Republicans and the Treasury Department over treatment of foreign tax credits. Business groups had be...
19 Jul 202314min
Treasury Union Retiring Chief Talks IRS Worker Safety
Unverified claims that the IRS plans to hire a horde of weapon-carrying agents are putting agency employees at risk, said Tony Reardon, longtime leader of the National Treasury Employees Union. "It pl...
12 Jul 202314min
Employee Retention Credit a Due Diligence Snag for M&A
The IRS has sounded the alarm multiple times over the past year about widespread scams associated with the employee retention credit—a pandemic-era tax incentive meant to encourage businesses to retai...
5 Jul 202317min
Family Vineyards Grapple With French Inheritance Taxes
Small family vineyards throughout France face an uncertain future as the cost to transfer estates within a family climb under a complicated system of inheritance taxation and rising property values fr...
28 Jun 202318min
KPMG's Bank Audit Troubles Give Accounting a Black Eye
Most of the banks that failed or came close to it this spring had one thing in common: They had recently received a clean bill of health from their auditor, KPMG. This development has caused major pro...
22 Jun 202317min
