Category: Federal Tax News & Updates

[ad_1] Bipartisan tax plan for Taiwanese companies in the US. Lawmakers released a compromise plan that would eliminate double taxation for Taiwanese-based companies due to […]

[ad_1] US Tax Court ruling a win for the IRS, so far. The Wall Street Journal reports hedge fund managers could be required to pay […]

[ad_1] The US Supreme Court will soon hear oral arguments in a case that raises a question most people have likely never even considered: Can […]

[ad_1] Today on Capitol Hill. The House Ways & Means Committee will mark up several bills, including special rules for the taxation of US-based income […]

[ad_1] Canada’s digital services tax implementation date inches closer. Via Politico Pro, Canada’s Finance Minister Christie Freeland introduced tax measures yesterday including plans for its […]

[ad_1] As another year comes to a close, families are again waiting to see if Congress will expand the Child Tax Credit (CTC). Although the […]

[ad_1] What are the key facts in Moore v United States? The Washington Post reports on the case that the US Supreme Court will begin […]

[ad_1] One more year until expanded 1099-K reporting kicks in. The IRS announced last week that online platforms like eBay, Etsy, and Venmo won’t have […]

[ad_1] President Biden signed the temporary government spending bill late last week. Biden signed the short-term government funding bill on Thursday, after the Senate approved […]

[ad_1] Crisis averted, for now. The Senate voted 87 to 11 to pass temporary funding of federal agencies into early 2024. President Biden is expected to […]