One among Washington’s most outstanding enterprise teams despatched a warning about an deadlock in Congress over a company tax break for analysis and improvement prices. Enterprise Roundtable Chief Government...
Advocates are pushing for Congress to revive the $20,000 threshold for reporting transactions from cost playing cards and third-party networks after it was lowered by the American Rescue Plan...
A gaggle of 93 members of Congress signed a bipartisan, bicameral letter to IRS Commissioner Charles Rettig to induce the IRS to keep away from delays and workers shortages...
U.S. lawmakers are urgent the IRS to elucidate the way it plans to alleviate a backlog of tax returns which have delayed refunds and to element what measures it...
The groundbreaking international corporate-tax settlement secured final 12 months by Treasury Secretary Janet Yellen included a “failsafe” measure to encourage compliance by its 137 signatories. That tripwire now appears...
The American Institute of CPAs despatched a letter to Home lawmakers urging them to incorporate a catastrophe provision in a bipartisan retirement invoice that’s already a part of the...
The IRS Digital Tax Administration Advisory Committee mentioned in its latest report that the service has demonstrated its ability at executing appropriately funded expertise and course of modernization tasks,...
Lawmakers are asking the Inside Income Service to expedite the processing of Worker Retention Tax Credit and to not penalize small companies for incorrectly paying their estimated quarterly taxes...
Whereas the Biden administration’s Construct Again Higher Act stays stalled within the Senate, lawmakers might be able to advance some components of the laws, together with tax credit for...
Accounting companies and their shoppers are rising frightened about upcoming modifications within the capability to deduct analysis and growth prices and are asking Congress to do one thing about...