News

The Jock Tax: When Sports Stardom Means a Higher Tax Bill

You've heard of the celebrity lifestyle, but have you ever considered the celebrity tax bill? For professional athletes, the burden… Read More

2 years ago

IRS Amnesty Programs: A Lifeline for Taxpayers

Are you burdened by unpaid taxes or complex filing requirements? Relief might be closer than you think. The IRS offers… Read More

2 years ago

The Vaping Market: A Regulatory Disaster

The United States vaping market is currently in a state of crisis, characterized by rampant illegality, regulatory gridlock, and tax… Read More

2 years ago

IRS Issues Applicable Federal Rates (AFR) for August 2024

The IRS has issued (Rev. Rul. 2024-15) the Applicable Federal Rates (AFRs) for August 2024 under Sec. 1274(d) of the… Read More

2 years ago

Evaluating the Impact of Trump’s Proposed Corporate Tax Rate Cut

Former President Donald Trump plans to push for a reduction in the federal corporate tax rate from 21 percent to… Read More

2 years ago

IRA’s Book Minimum Tax and 5G Competition

As policymakers prepare to renew the Federal Communications Commission’s authority to conduct spectrum auctions, the looming shadow of the Inflation… Read More

2 years ago

Global Tax Agreement – Latest updates

Major changes are coming to how multinational companies are taxed around the world. In October 2021, over 130 countries agreed… Read More

2 years ago

Retail Delivery Fees: A Flawed Fix for State Transportation Funding

States Struggle to Fill Transportation Funding Gap Many states face a growing problem: a lack of funds to maintain and… Read More

2 years ago

California Explores New Ways to Tax the Internet

California’s proposed “data extraction mitigation fee” is quite the euphemism, given that it’s essentially a tax, not a fee, and… Read More

2 years ago

North Carolina eliminates economic nexus transaction threshold

Effective July 1, 2024, North Carolina simplifies economic nexus for remote sellers! Previously, you might have had to track both… Read More

2 years ago
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