Tax

The proposal would have banks report on accounts with more than $10,000, instead of the original $600.

One suggested that a two-year repeal of the $10,000 cap will be the final solution.

That regulation question; ARP can’t enforce tax cuts; email protection; and other highlights from our favorite tax bloggers.

Farmers and ranchers may have another year to defer tax on gains from sales.

Waiting until after potential rate increases go into effect could lower values.

The prospects for specific tax changes in the Build Back Better Act appear murky right now, but there could be more clarity later this week.

The service notes, however, that users can get similar information from a free transcript.

A review found 8,332 individual international 2018 returns filed with potentially erroneous or fraudulent refunds that weren’t identified.

New York City prosecutors investigating Donald Trump said they’ve amassed millions of records from his accounting firm and from a range of banks and real estate companies that did business with the Trump Organization.

The specific tax hikes remain to be detailed, as does any move to suspend or expand a $10,000 SALT cap.