Taxes
Spending Bill Has Something For Everyone, Including An Extension For Beneficial Ownership Information Reports
As the clock continues to tick down, Congressional leaders have finally released the text of a proposed funding measure to keep the lights on.
More From Taxes
EN 16931 Standard And Its Role In EU’s E-Invoicing Transformation
EN 16931 is set to play a pivotal role in the implementation of e-invoicing mandates across the EU, once its update addresses the critical requirements of the B2B sector.
Tax Breaks: The Wild End To 2024 That Could Shake Up The 2025 Tax Season Edition
Our latest edition of Tax Breaks. Plus: Forms 1099, Volunteer Income Tax Assistance (VITA) programs, Form 1099-K relief, deducting taxes, tax filing deadlines, and more.
Offshore Tax Evasion: U.S. Clients Of Trident Trust Target Of IRS John Doe Summons
An IRS John Doe Summons is highly effective to combat tax evasion. Trident Trust may now have to reveal U.S. taxpayers who used it to set up offshore structures.
Government Takes Corporate Transparency Act Arguments To The Supreme Court
If the DOJ's request is granted, the government can enforce the CTA while appeals make their way through the system.
Germany’s Move To E-Invoicing: What To Expect In 2025 And Beyond
Germany's transition to mandatory e-invoicing begins in 2025. This article delves into both the key features and some lesser-known aspects of the e-invoicing mandate.
Chief Counsel Advice Memo Discusses Frozen Rewards On Digital Asset Platforms
The IRS released CCA memorandum concerning frozen digital asset rewards. The issue was about the year of inclusion of such rewards when the account is later frozen.
Year-End Collection: Tax Oddities Of 2024
Tax Notes reporters recap some of the most memorable stories they encountered in 2024, from “pig butchering” scams to a denied late-filing excuse citing Christmas stress.
IRS Forms 1099 Arrive Soon And Are Key To How Much Tax You Will Owe
Each Form 1099 is matched to your Social Security number, so the IRS can easily issue a tax bill if you fail to report one. If you don’t report it, expect a notice.
Top Tax And Accounting Storylines Of 2024
This past year wasn't short on tax and accounting news, affecting taxpayers and tax professionals alike. Here are the top tax and accounting storylines of 2024.
Reciprocal Trust Doctrine: History, Implications And Legal Significance
The reciprocal trust doctrine, while highly debated in tax and estate planning, is still valid law which estate planners must be mindful of when assisting clients.