Tax Blog
Tips to help you prepare for tax season
Non-Profit Files Lawsuit over Withholding Requirements in Ohio
Tax Policy - Non-Profit Files Lawsuit over Withholding Requirements in Ohio On July 2, a Columbus-based non-profit, the Buckeye Institute, filed a lawsuit against the city of Columbus and state of Ohio claiming that a recently passed bill, HB197, is...
Improved Cost Recovery Is A Wide-Ranging Policy Solution
Tax Policy - Improved Cost Recovery Is A Wide-Ranging Policy Solution Investment comes in a variety of forms—be it private or public investments ranging from rural broadband and 5G to health care infrastructure and innovation. But not all investment is equal in...
Peruvian “Solidarity Tax” Unlikely to Offset Deficit Spending
Tax Policy - Peruvian “Solidarity Tax” Unlikely to Offset Deficit Spending Due to the COVID-19 crisis, Peru has found itself with high levels of government spending that has resulted in a significant deficit. In order to offset costs, the government is...
Neutral Cost Recovery and Expensing: Frequently Asked Questions
Tax Policy - Neutral Cost Recovery and Expensing: Frequently Asked Questions What is cost recovery? What is depreciation? What is the tax treatment of investments in structures? What is the tax treatment of investments in machinery and equipment? What is the...
Phase 4 Is not the Time to Experiment with Temporary Credits
Tax Policy - Phase 4 Is not the Time to Experiment with Temporary Credits Members of Congress are on a two-week recess before returning to consider a possible “phase 4” package to boost the economy and help individuals and businesses suffering from the economic...
FDII and GILTI regulations finalized
IRS Tax News - FDII and GILTI regulations finalized The IRS issued final regs. on the foreign-derived intangible income deduction and the global intangible low-taxed income provisions enacted by the TCJA. Source: IRS Tax News - FDII and GILTI regulations...

