Tax Policy - GAO Report Reveals Need to Simplify Next Round of Rebates The Government Accountability Office (GAO) recently released a report revealing that almost a half-million taxpayers missed their total rebate payment due to complications over disbursing...

Tax Policy - Improving the Tax Treatment of Residential Buildings Will Stretch Affordable Housing Assistance Dollars Further A recent Brookings Institution study points out that “even before the COVID-19 crisis, housing affordability and instability were serious...

Tax Policy - European Countries Might Consider Scrapping the Bank Tax for Greater Financial Support After the 2007-2008 financial crisis, countries were pressed to tax the financial sector to partly recover the fiscal assistance governments offered to support...

Tax Policy - Three Reasons Expanding Credits Aren’t the Best Pandemic Response for the Vulnerable Tax policy wonks often advocate for increases in refundable tax credits (e.g., Child Tax Credit, CTC and Earned Income Tax Credit, EITC) and nonrefundable tax...

IRS Tax News - RIC shareholders can take Sec. 199A deduction for REIT dividends The IRS issued final regulations allowing regulated investment companies (RICs) to report qualified real estate investment trust (REIT) dividends as Sec. 199A dividends to their...