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President Trump complains that large corporations, such as Amazon.com, are shirking their tax responsibilities. Yet for at least a decade, Trump paid none or very little in federal income taxes by exploiting some of the same generous tax breaks.
May 8 -
President Trump defended his real estate tax strategy saying his business was “entitled” to write-offs following a New York Times investigation that showed he reported losses of $1.17 billion between 1985 and 1994.
May 8 -
President Donald Trump, who won the presidency in part on his image as a successful business mogul, lost $1.17 billion over 10 years on failed business deals, according to tax records obtained by the New York Times.
May 8 -
The Honolulu-based accounting firm has upgraded its annual scholarship to a $50K endowment at the Shidler College of Business at the University of Hawaii at Manoa.
May 8 -
Making reform permanent; the high cost of raising royalty; messy IRS math; and other highlights from our favorite tax bloggers.
May 7 -
The Internal Revenue Service is launching an investigation of the Free File program amid complaints that tax software companies are making it difficult for qualified taxpayers to access free tax prep software, as Los Angeles and New York State also take action.
May 7 -
Tax automation software provider Avalara has named a new managing director of its Latin America operations.
May 7 -
Too much of the way accountants run their practices is driven by subconscious habit.
May 7L&H CPAs and Advisors -
The Top 100 Firm is expanding to Orange County, California, by merging in a firm in Irvine, effective June 1.
May 7 -
On Monday May 6, accountants across the country started realizing their CCH products, which are based in the Cloud, were down.
May 7