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Former Vice President Joe Biden wants to raise taxes on the wealthy. Senator Bernie Sanders wants to send those levies off the charts.
March 11 -
The U.S. Treasury Department is considering extending the 2019 tax-filing deadline beyond April 15 to provide relief from economic disruption caused by the coronavirus outbreak, according to two people familiar with the matter.
March 11 -
The president spoke to Republicans at their weekly conference lunch at the Capitol as his administration prepares a package of economic measures to combat the fallout from the coronavirus outbreak.
March 10 -
Key Democrats poured cold water on President Donald Trump’s proposal to include a payroll tax cut as part of his plan to respond to the coronavirus. Senior Republicans also held back from endorsing the suggestion ahead of a key lunch meeting on Tuesday.
March 10 -
The president will seek a payroll tax cut and “very substantial relief” for industries that have been hit by the virus, reversing course on the need for economic stimulus hours after markets posted their worst losses in more than a decade.
March 10 -
Tax season can be one of your best opportunities or a miserable war.
March 9
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The Financial Accounting Standards Board made some narrow improvements to different aspects of the financial instruments guidance, including the current expected credit losses standard.
March 9 -
Criminal Investigation veteran Damon Rowe will launch the new effort to fight the unscrupulous.
March 6 -
An independent analysis of the Democratic presidential candidate’s tax plan includes new tax credits for buying electric cars and investing in renewable energy as well as other breaks for student loans and family caregiving.
March 5 -
The Securities and Exchange Commission is giving “conditional” regulatory relief from certain filing obligations for public companies due to the outbreak.
March 4 -
In light of this new global challenge, what do these businesses and their tax professionals need to consider?
March 3
Tax & Accounting Business of Thomson Reuters -
Many firms think they have the 'finding the errors' situation worked out, when in reality they should be concentrating on error reduction or elimination.
March 2
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Senator Bernie Sanders is proposing hiking taxes on executive retirement plans and using the extra revenue to aid struggling worker pension plans.
February 28 -
The ranking Republican on the House Financial Services Committee proposed an amendment that would stop the panel from even thinking about taxing trades of stocks, bonds and derivatives.
February 28 -
Erin Collins, who formerly worked at KPMG and the IRS, will lead the Taxpayer Advocate Service.
February 27 -
Democratic presidential candidate Pete Buttigieg took on one of the most fraught tax issues in Democratic politics, proposing that the $10,000 cap on state and local tax deductions be lifted.
February 25 -
The first black CPA and the first woman CPA made history in the profession.
February 24
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European finance chiefs arrived at a meeting of their global peers in Riyadh demanding the urgent creation of a new global tax system for the 21st century that would capture the profits of tech multinationals. U.S. Treasury Secretary Steven Mnuchin responded: it’s not that simple.
February 24 -
Senators Bernie Sanders and Elizabeth Warren would bring one of the most progressive tax agendas in history to the White House if either of them were to become president. So would every other Democrat vying for the presidency.
February 24 -
The AICPA president and CEO gave his annual update at the Accountants Club of America at a sold-out breakfast.
February 17
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