Tax Blog
Tips to help you prepare for tax season
Capital Gains Tax Rates in Europe
Tax Policy - Capital Gains Tax Rates in Europe In many countries, investment income, such as dividends and capital gains, is taxed at a different rate than wage income. Today’s map focuses on how capital gains are taxed, showing how capital gains tax rates...
TIGTA Says IRS Should Act on Preparers with Overdue Returns, Debts
A new report from the Treasury Inspector General for Tax Administration (TIGTA) finds that a number of tax preparers are themselves classified as non-compliant, but in many cases, the Internal Revenue Service has not acted to recoup the outstanding tax due.… Read more about TIGTA Says IRS Should Act on Preparers with Overdue Returns, Debts (Feed generated with FetchRSS) – Story provided by TaxingSubjects.com…
Cautionary Notes from CBO on the Effects of Federal Investment
Tax Policy - Cautionary Notes from CBO on the Effects of Federal Investment There has been a considerable amount of talk recently from both the White House and Congress on the potential for a major federal infrastructure bill. While there are few details on what...
A Blow to Pillar 1
Tax Policy - A Blow to Pillar 1 Today it was reported that Treasury Secretary Steven Mnuchin sent a letter to the finance ministers in the United Kingdom, France, Italy, and Spain communicating concerns the U.S. government has with ongoing OECD negotiations on...
Answering Four Questions About How Neutral Cost Recovery Works in Practice
Tax Policy - Answering Four Questions About How Neutral Cost Recovery Works in Practice Lawmakers can improve the cost recovery treatment of capital investment by allowing full expensing or by approximating full expensing by adjusting depreciation deductions to...
States Should Conform to These Four CARES Act Provisions to Enhance Business Liquidity
Tax Policy - States Should Conform to These Four CARES Act Provisions to Enhance Business Liquidity The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, is providing critical relief to individuals and businesses that have...
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