Tax

Difficult and complex; $4,000 tax on $2 million; little horse sense; and other highlights of recent tax cases.

The tax hike will fund rebates for about 800,000 middle-class households.

A group of Senate Democrats introduced legislation to offer tax relief to individuals, businesses and states affected by catastrophic wildfires and other presidentially declared disasters.

Rep. Pete Olson, a Republican from Texas, has introduced a bill that would offer tax incentives to employers who train workers about best practices for reducing the spread of COVID-19 in the workplace.

Wall Street firms may start facing pressure to pay out bonuses earlier than usual as their employees worry about the prospect of higher taxes under a Biden administration and Democrat-controlled Senate.

The Internal Revenue Service is starting with the customer support area of its Exempt Organizations unit.

Tax preparers started noticing e-filing was not functional on Tuesday, September 15, with some receiving a message saying the system was experiencing “temporary filing errors.”

The U.S. Senate and Supreme Court are joining the House in not implementing President Donald Trump’s order allowing employers to defer payroll taxes owed by workers.

Crypto help wanted; PPP and R&D; SEO tips; and other highlights from our favorite tax bloggers.

Final rules have been released for claiming the rehabilitation credit under the Tax Cuts and Jobs Act.