How Budget Reconciliation Works for Tax Cut Extensions
Republicans in Congress have been working to find consensus to cement tax code changes made in President Donald Trump’s first presidency and jump-start his new administration using the budget reconcil...
19 Feb 202517min
Companies Mull Gaps in Brazil's Transfer Pricing Rules
Brazilian taxpayers and practitioners continue to clamor for more guidance on the country's new transfer pricing regime implemented last year. The country switched from a mathematical model to an arm'...
12 Feb 202510min
IRS Crypto Reporting Rules Face Industry, GOP Ire
Treasury Department and IRS finalized rules requiring crypto exchanges to provide information on taxpayers’ buying and selling activities are meeting industry and Republican pushback. Centralized brok...
5 Feb 202515min
Ex-OECD Delegate Talks Global Tax Deal, Trump Memo
President Donald Trump threw a major wrench into the fate of the OECD global tax deal on his first day in office, sparking concerns among the international tax community about the deal being fundament...
29 Jan 202517min
Close Look at Pass-Through Tax Break Business Loves
Few of the provisions of the tax code this year have garnered as much attention from industry as the about-to-sunset pass-through deduction. In their 2017 tax overhaul, Republicans allowed owners of p...
22 Jan 202514min
Government Accounting Chair Eyes AI, Tech Integration
The leader of a top US standard-setter wants his board to take the next step in using emerging technology to craft accounting rules for local and state governments. Joel Black, chair of the Government...
15 Jan 202518min
IRS Employees Prep for Trump Federal Workforce Revamp
President-elect Donald Trump's plans to deconstruct the federal workforce would take a bite out of IRS efforts to answer taxpayer phone calls and enforce compliance for tax cheats. After getting billi...
8 Jan 202513min
What It Means for Taxes as the New Congress Gets Busy
Jan. 3 marks the beginning of the next Congress, where Republicans will lead both chambers and control the White House. Democrats being out of power has big implications for tax policy, as GOP lawmake...
30 Dec 202414min
