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
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 Dec 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 Dec 202413min
