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The Internal Revenue Service wasted $22.7 million auditing tax returns that resulted in no additional revenue for the federal government, according to an agency watchdog.
June 26
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Top Democrats in the House and Senate are backing a measure that would deny coronavirus aid to companies that moved their official headquarters offshore to avoid U.S. taxes.
June 25
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The rules governing qualified improvement property ...
June 23
Wolters Kluwer Tax & Accounting -
The U.S. Supreme Court refused to question a ruling that technology companies including Facebook Inc. and Google say will cost them billions of dollars in taxes by limiting deductions for stock payments to employees.
June 22
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Big Four firm Ernst & Young and its business tax clients at companies across the U.S. and other countries have faced a series of challenges amid the pandemic.
June 18
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Treasury Secretary Steven Mnuchin withdrew the U.S. from international talks over a digital tax deal after failing to reach an agreement with countries looking to place levies on the revenue of American tech companies, U.S. Trade Representative Robert Lighthizer said.
June 18
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Some multinational companies can generate additional carryback tax loss relief through transfer pricing planning.
June 16
KBKG -
The CARES Act included several provisions allowing companies to claim net operating losses for past tax years, temporarily reversing some of the limitations in the Tax Cuts and Jobs Act.
June 2
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How hybrid tax technology helps companies address cloud migration scenarios.
June 2
Vertex -
An appeal going before the Ninth Circuit questions the constitutionality of Code Section 280E.
June 2
