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Supreme Court decision saves Trump-era tax change, dodges big loss in federal tax revenue
USA TODAY via Yahoo News· 3 days agoWASHINGTON − The Supreme Court on Thursday upheld a controversial Trump-era tax on foreign income, a...
Supreme Court Upholds Mandatory Repatriation Tax but Suggests Wealth Taxes a Step Too Far | JD Supra
JD Supra· 2 days agoThe Supreme Court upheld the constitutionality of the so-called mandatory repatriation tax (MRT) in a narrow ruling ...
Nevada Man Owes Tax Penalties for Pension Fund Scheme Windfall
Bloomberg Law· 6 days agoThe IRS can level $4.5 million in fines and penalties against a Nevada man who acted fraudulently to hide a scheme to pull from overfunded pension plans and didn’t report ...
Is a Wealth Tax an Income Tax? Here's Why That Matters
Bloomberg· 2 days agoIs a Wealth Tax an Income Tax? In Moore v. United States, a majority of Supreme Court justices...
Opinion | Trump’s tips proposal is a profoundly unserious idea for a serious problem
MSNBC via Yahoo News· 1 day agoThe Biden administration made it a priority to reverse the Trump regulation, restoring protections...
Sen. Cruz introduces bill to make tips exempt from federal income taxes
FOX Business· 3 days agoEXCLUSIVE: Sen. Ted Cruz, R-Texas, on Thursday introduced legislation that would exempt tips from ...
IRS Likely To Increase Scrutiny On The Puerto Rico Act 22 Tax Break
Forbes· 2 days agoPuerto Rico's legislature passed Act 22 in 2012, according to critics in Congress, “to attract wealthy foreigners and mainlanders to Puerto Rico by offering generous
Will CT lawmakers allow one water company to buy another water company? They might decide soon.
Hartford Courant· 49 minutes agoThe Regional Water Authority was created by a special act of the General Assembly in 1977 and would...
Trump Promises No Taxes On Tips: The Pros And Cons Explained
Forbes· 1 day agoRepublican Senators, including Sen. Ted Cruz, Texas, and Sen. Rick Scott, Fla., have since introduced a bill this week to exempt tips from federal income tax</ ...
Supreme Court Rules Tax On Previously Untaxed Foreign Profits Is Constitutional
Forbes· 3 days agoA 2017 Tax Cuts and Jobs Act provision that requires companies to pay tax on previously untaxed...