Tax

A fuel and his money; see ya labor; low miles but high taxes; and other highlights of recent tax cases.

The Internal Revenue Service guidance caused some consternation among some small businesses and tax experts.

Divorce and COVID-19 each bring various tax considerations.

Republicans universally rejected a $3 trillion stimulus measure drafted by House Democrats to bolster the U.S. economy, but the draft plan has the seeds for an eventual, smaller compromise.

The international tax provisions of the Tax Cuts and Jobs Act will likely have less impact on the willingness of multinational companies to shift their income abroad than the money they can save by using foreign employees to do research and development.

The IRS is aiming to clarify some of the ramifications of the TCJA.

Democrats may be as far as ever from seeing President Donald Trump’s tax returns after a U.S. Supreme Court argument suggested a legal fight over House subpoenas could extend for months.

House Democrats proposed a $3 trillion virus relief bill Tuesday, combining aid to state and local governments with direct cash payments, tax breaks, expanded unemployment insurance and food stamp spending as well as a list of progressive priorities like funds for voting by mail and the troubled U.S. Postal Service.

Padgett Business Services’ Roger Harris suggests some exceptions for employers with fewer than 50 staff.

Residents of states such as Utah, Idaho and South Dakota collected average stimulus payments topping $1,800.