Taxes
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Professionals on the Move – Nov. 2024
Top Hyundai Exec Says EVs Are ‘the Future’ Even if Trump Kills Tax Credit
3 Reasons to Involve Your Children in Small Business Saturday
Review of Blue J – The Accounting Technology Lab Podcast – Nov. 2024
IRS Asks For Feedback on the SECURE 2.0 Act’s Saver’s Match
The agency requests comments by Nov. 4 on all aspects of Saver's Match contributions and asks questions on a variety of topics.
Review of Thomson Reuters Checkpoint Edge – The Accounting Technology Lab Podcast – Sept 2024
Hosts Randy Johnston and Brian Tankersley, CPA, review Thomson Reuters Checkpoint Edge with CoCounsel. Designed for tax professionals and firms, Checkpoint Edge with CoCounsel is a research platform that includes new AI-assisted research capabilities to help tax professionals get trusted answers to complex tax research questions by using everyday language.
IRS Has Recouped $1.3 Billion in Unpaid Taxes From Wealthy Americans
Nearly 80% of 1,600 millionaires who had delinquent tax debt have now made a payment, the IRS and Treasury Department said Sept. 6.
Trump Pushes Back on Harris Small Business Plan
Hours before his address to the Economic Club of New York, Trump said Harris's plan would “destroy our small business economy.”
Harris Calls For Lower Capital Gains Tax Rate Than the 39.6% Biden Proposed
The Democratic presidential nominee proposed a 28% capital gains tax rate on people earning $1 million or more.
Trump Tax Cuts Could Cost $10.5 Trillion
The price tag is based on rough, initial estimates from tax and budget specialists because the Trump campaign hasn’t released detailed policy plans for its tax promises.
AICPA Comments on Interaction between Section 266 and Section 163(j)
The Tax Cuts and Jobs Act (TCJA) rewrote section 163(j) to enact significant new limitations on the deduction of “business interest expense.”
Hunter Biden Intends to Change Plea to Guilty in Federal Tax Case
The son of President Joe Biden has been accused of nine misdemeanor and felony offenses. He previously pled not guilty.