Tax Strategies

Nonetheless, the party's congressional leaders are determined to forge ahead with the tax and spending plan.

Senate Democrats are discussing a wider range of tax proposals than President Joe Biden has proposed, including levies on stock buybacks, carbon emissions and executive compensation, as part of a package of measures to help fund a ramping up in social spending.

The service has issued Notice 2021-52 with special per diem rates that take effect Oct. 1, 2021.

Even professionals such as accountants and attorneys who may serve as trustees are unaware of the numerous risks that life insurance policies carry.

Many on Wall Street think they’ve found just the thing to hide from a tax hike.

Key legislators are at odds over how high to increase levies on investment gains.

As a tax accountant, it is your job to help your clients track their payments online and receive the money as soon as possible.

Will the giant tax incentive thrive as a tool to defer, minimize and eliminate capital gains tax?

Moderate and progressive Democrats are on a collision course over how to pay for the administration's economic agenda.

The institute is asking Congress to expand the deduction to include accounting firms and other businesses excluded under the Tax Cuts and Jobs Act.