Tax regulations

Banks that deal with international tax reporting are facing a slew of upcoming deadlines and regulations.

Donald Trump and Ted Cruz oppose a carbon tax, putting them in league with the Republican National Committee on the issue but at odds with some oil companies and economists who view a levy on those heat-trapping emissions as an effective way to combat climate change.

The Internal Revenue Service has issued guidance updating the limitations on depreciation deductions for new automobiles.

It’s March and the college basketball tournament season is upon us. It is estimated that over $12 billion will be wagered on the NCAA tournament (compared with $10 billion on the Super Bowl).

The roughly 8 million Americans who live abroad automatically get a couple additional months each year to file their taxes. Don’t expect them to be grateful.

Kerri Swope of Care.com HomePay discusses Nanny Taxes and why families should be concerned about them.

The Internal Revenue Service has issued a notice delaying the estate basis reporting due date from March 31 until June 30, 2016.

The American Institute of CPAs has written to the Internal Revenue Service recommending some changes in the IRS’s proposed regulations for country-by-country reporting by multinational corporations of financial information to curb tax avoidance.

As tax professionals, we’re used to seeing a myriad of changes to the tax code every year. We spend hours familiarizing ourselves with the details so we’re prepared to advise our clients in the New Year.

Democratic Presidential hopeful and U.S. Senator Bernie Sanders has urged the Treasury to block Pfizer’s planned corporate inversion.