With advances in artificial intelligence and natural language processing, tools like ChatGPT are set to revolutionize how donors to research and plan their charitable … – Forbes – Taxes Read More
Professors Bridget Crawford and Victoria Haneman discuss the estate and gift tax and how it could apply to the gifts received by Supreme Court Justice Clarence Thomas. – Forbes – Taxes Read More
To an accountant who thinks in double entry Brian’s theory doesn’t even make good nonsense. – Forbes – Taxes Read More
As employers scrambled to keep workers employed, questions arose about how those solutions—including stipends and reimbursement plans—would affect employees. – Forbes – Taxes Read More
When a debt you owe is canceled or discharged, the tax code treats the wiped-out debt as cash income to you that you must report. If you owe $500,000 to the bank, but the bank forgives it, it’s as if the bank just handed you $500,000 so the IRS wants…
Nana Ama Sarfo reviews the European Business Tax Forum’s latest Total Tax Contribution study, which argues that multinationals may need to play a larger role in driving carbon tax policy. – Forbes – Taxes Read More
Education is expensive and costs are rising faster than inflation. The good news is that we can offset some of that cost by reducing our taxes. – Forbes – Taxes Read More
“Free” online services are not genuinely free as the service provider receives non-monetary remuneration from the user in the form of personal or location data. – Forbes – Taxes Read More
The Social Security Administration has announced the most popular U.S. baby names of 2022 based on applications for Social Security cards. Did your name make the list? – Forbes – Taxes Read More
This proposal may not have any greater chance of success than when it was first proposed back in 2021. Even so, it is worth reviewing what you can do to lock in the more favorable gift and estate tax treatment today just in case. – Forbes – Taxes Read More…
More than two thirds of the GOP’s proposed spending cuts would likely be imposed on less than one sixth of the federal budget. – Forbes – Taxes Read More
A Colorado homeowner discovered that her new house came with walls full of snakes. Mitigating that damage will be expensive—but is it also tax deductible? – Forbes – Taxes Read More