SALT Cap Workarounds: States Try Pass-Through Taxes
When Congress put a $10,000 cap on the amount of state and local taxes individuals can deduct from their federal income taxes, high-tax states tried to fight for their residents in a couple of differe...
11 Jul 20199min
IRS Top Attorney Names Priorities Post-2017 Tax Law
Michael Desmond became the Internal Revenue Service’s chief counsel earlier this year as the agency was well into implementing the complex 2017 tax code overhaul. In a wide-ranging conversation with s...
27 Jun 201933min
Buying Online? ‘Wayfair’ Tax Is Straining E-Commerce
The U.S. Supreme Court’s 2018 South Dakota v. Wayfair decision upended a 26-year precedent that limited a state’s authority to tax goods being sold across state lines. A year later, states have amende...
20 Jun 201915min
C Corp Conversation: Companies Vet 2017 Tax Law Options
The 2017 tax law lowered the corporate tax rate to 21%. That has some companies taking a look at their corporate structure and asking: Is a C corp better? "We have the conversation a lot," said Eliza...
13 Jun 201914min
Global Tax Revamp Focuses on Getting Consensus by 2020
The OECD released a blueprint for how to rewrite global tax rules. The group hopes to get international consensus around proposals to set a global minimum tax and reallocate more of companies’ taxable...
6 Jun 201915min
Growing U.S. Gig Workforce Exposes Outdated Tax System
American workers are cashing in on their side hustle, picking up small jobs through Task Rabbit, driving for Lyft, or selling jewelry on Etsy. But they owe taxes on that work. And many of these self-e...
30 Mai 201918min
Retailers Can’t Hide China Tariff Costs in Supply Chain
The retail industry is grappling with a new set of tariffs on about $200 billion of goods coming in from China. David French, senior vice president of government relations for the National Retail Fede...
23 Mai 201915min
Why India’s Digital Tax Is a Sign of the Times
As countries across the globe debate whether to tax digital transactions, companies and their tax planners need to be prepared for a shifting tax landscape and a more transparent marketplace. India...
16 Mai 201912min
