Taxes

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Latest Taxes News

Walz Versus Vance For VP Shows Economic Populism Is The New Normal

Kamala Harris’ choice of Minnesota Governor Tim Walz as her running mate, along with JD Vance’s choice as the Republican…

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The Tax Challenges Of The Navajo Nation, Part 1

In this episode of Tax Notes Talk, Tax Notes investigated the Navajo Nation’s tax challenges with the IRS and gathered…

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How Lawyers Arrange Lawsuit Payments While Watching for Ethical Traps

The path settlement funds take from a defendant to a personal injury plaintiff can radically change how much the plaintiff…

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Coca-Cola Could Face $16 Billion IRS Bill After Its Tax Court Arguments Fall Flat

Last week, after a U.S. Tax Court judge ruled against it in a transfer pricing case, Coca-Cola said it would…

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Surprisingly, Taxes Are Present Even At Your Local Farmers’ Market

“Do you need an invoice for your taxes?” the farmer asked. The buyer grabbed her produce and handed over the…

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Proposed Tax Regs Provide Exceptions To Treating Transferors As Trust Owners

Published May 8, new proposed regs (REG-124850-08) provide guidance on information reporting of transactions with foreign trusts, receipt of large…

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Green Card Holder Works Abroad: Tricky U.S. Tax And Immigration Issues

Navigating the intricacies of U.S. tax laws can be challenging, especially for green card holders living abroad. Green card holders…

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Spotlight Shifts To Warning Signs In Latest ERC Update From IRS

The Internal Revenue Service (IRS) issued yet another update regarding the processing of Employee Retention Credits (ERC), warning taxpayers to…

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No Tax On Tips – Now Social Security – What Is Next?

I had a sneaking suspicion that our once and possibly future president Donald Trump was going to come up with…

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Our Washington (Isn’t) Calling Edition

This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…

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