Tax

Notice 2021-38 provides guidance under provisions of the American Rescue Plan Act of 2021 regarding special financial assistance paid by the PBGC to eligible multiemployer defined benefit pension plans that are financially at risk.

This Tuesday, July 13, is the last day for tax professionals to register to attend the 2021 IRS Virtual Nationwide Tax Forum and have access to all 30 webinars, including IRS Commissioner Chuck Rettig’s keynote address on the first day of the forum. The 2021 Tax Forum is being held over a five-week period from […]

The Coronavirus Economic Relief for Transportation Services (CERTS) Act of the Consolidated Appropriations Act of 2021 authorizes the Department of the Treasury to provide grants to transportation service providers--including eligible motorcoach ...

The redesigned forms and instructions give useful guidance to partnerships, S corporations and U.S persons who are required to file Form 8865 with respect to controlled foreign partnerships on how to provide international tax information.

The shift to e-signature is just one piece of the larger digitization and automation puzzle. According to a recent Forrester study, 48 percent of Asia-Pacific enterprises were automating fulfillment and verification, such as digital signature.

Generally, your net profit for tax purposes is the amount of your winnings minus any entry fee. For instance, say you win $10,000 in a big stakes league and your entry fee was $1,000. As a result, your net profit is $9,000. Assuming you’re in the 24% tax

The National Association of Tax Professionals (NATP) sent a letter to Representative Debbie Lesko (R-AZ-08) in support of the proposed Tax Deadline Simplification Act, which will amend the Internal Revenue Code (IRC) to have estimated income tax ...

Weisselberg has worked for the organization since the early seventies. He has been praised by the former president for his loyalty on numerous occasions. The CFO has even helped with Trump's tax returns for more than twenty years.