For Cannabis Companies, Tax Law Hinders Growth
The cannabis industry is booming, but a provision in the federal tax code is holding it back, two attorneys in the industry said. The provision, Section 280E, doesn’t allow for tax deductions or credi...
8 Apr 20219min
Dissecting Biden's Infrastructure Plan Tax Hikes
President Joe Biden this week unveiled his plan to pay for sweeping infrastructure investments by raising taxes on corporations. The proposals include raising the corporate tax rate to 28%, imposing a...
1 Apr 202121min
Tax Teams Still Struggling With Virtual Work a Year In
Once again, we are in the middle of a protracted tax filing season. And for yet another year, tax execs closed the books virtually. This week on our podcast Talking Tax, we hear how the season is goin...
25 Mars 202117min
Diving Into the Effects of a Longer Tax-Filing Season
The IRS announced this week that it would push back the deadline for some individuals to file and pay their taxes, a move that comes as the agency and taxpayers are grappling with changes in the new p...
18 Mars 202114min
Americans Navigating Another Chaotic Tax Season
We are in the heart of tax filing season in the U.S. and, so far, it appears to be going much better than last year. That, however, is an extraordinarily low bar, given that last year's season ran up ...
11 Mars 202114min
Stimulus Checks Split Economists, Even on the Left
A $1.9 trillion stimulus package that includes a third round of direct cash payments to American households will likely wind up on President Joe Biden's desk within the next few weeks. The direct paym...
4 Mars 202116min
For Novice Stock Traders, Tax Season Could Be Tough
Retail investors had the opportunity to make a lot of money thanks to recent spikes for GameStop, AMC, and other stocks. New traders who cashed out big gains in 2020 could face complications this tax ...
25 Feb 202115min
Sales-Hiding Software Outsmarts U.S. Tax Collectors
The U.S. has fallen behind other countries’ efforts to police the use of sales-suppression software known as tax zappers. That’s according to Richard Ainsworth, a tax law specialist and adjunct profes...
18 Feb 202116min
