Tax Strategies

Accounting and advisory firm Marcum LLP has released the 2013 Marcum Year-End Tax Guide.

Preservation of an unlimited charitable deduction garnered wide support from Senate leaders after more than 200 officials from various nonprofits paid a visit to Capitol Hill last week to lobby lawmakers.

A bipartisan group of lawmakers is asking the tax-writing House Ways and Means Committee to avoid enacting any proposed tax reforms that would limit accounting flexibility for small businesses.

The Organization for Economic Cooperation and Development announced some new steps that the international community is taking toward automatic exchange of tax information between governments worldwide and published ratings of how well countries are complying with demands for greater transparency.

G2 Fintech has improved the dividend analysis features in its tax analysis software TaxGopher.

Corporate capital expansion plans present opportunities for companies to leverage tax credits and incentives, according to a new study by Ernst & Young that found such plans driving activity in this area.

The on-again, off-again nature of the federal tax provisions traditionally known as tax extenders is leading to uncertainty and unnecessary complexity, according to tax policy experts at the American Institute of CPAs.

Senate Finance Committee chairman Max Baucus, D-Mont., released a third set of proposals Thursday to overhaul America’s tax code, this one focusing on reforms to tax accounting and cost recovery rules.

A pair of congressmen who are also physicians, Ami Bera, M.D., D-Calif., and Charles Boustany, M.D., R-La., introduced a bipartisan bill late last month to make health care more affordable for working families, small businesses and seniors.

With only weeks remaining in 2013, many Americans have finalized their financial planning for the year, thinking they’ve done all they can to maximize tax savings. But many do not know there are still a number of opportunities to do some last-minute finagling to save as much as possible.