Supreme Court Is Hearing A Landmark Tax Case Today — Here’s Why It Could Destroy Democrats’ Wealth Tax Plans
Justices could deliver the wealthiest Americans a win by striking down a tax on unrealized income. – Forbes – Taxes Read More
Justices could deliver the wealthiest Americans a win by striking down a tax on unrealized income. – Forbes – Taxes Read More
The Supreme Court will hear oral arguments in Moore v. U.S. The case centers on a 2017 provision that requires companies to pay tax on previously untaxed foreign profits. – Forbes – Taxes Read More
Swiss Private Bank Banque Pictet Admits to Conspiring with U.S. Taxpayers to hide income. The Bank has also entered into a Deferred Prosecution Agreement. – Forbes – Taxes Read More
The plan, now exceeding $100 billion, will package an assortment of initiatives to satisfy the demands of both parties by, as usual, running up the deficit. – Forbes – Taxes Read More
They show up in celebrity divorces (think Kevin Costner), big bankruptcies (think FTX) and financial fraud cases. But you don’t have to be famous to benefit from the help of a deep diving accounting pro. – Forbes – Taxes Read More
Nana Ama Sarfo discusses global implementation of the OECD’s automatic exchange of information framework. – Forbes – Taxes Read More
An email advising businesses to register to file Forms W-2 with Social Security by the deadline is legit. Here’s why you might have received one. – Forbes – Taxes Read More
If you have a big wad in a pretax IRA, sit down with your accountant now. – Forbes – Taxes Read More
For the recipient, the payment may be taxable, not taxable, or partially taxable. Moreover, if the payment is taxable, it may be subject to ordinary income tax rates. – Forbes – Taxes Read More
This article offers a short, simple answer to a difficult question: Why is taxation without receipt fair? – Forbes – Taxes Read More
Jeffrey Harmon was sentenced to 24 months in prison for preparing and filing false individual income tax returns for himself and his clients. – Forbes – Taxes Read More
Sen. Finance Chairman Ron Wyden (D-Ore.) and U.S. Rep. Earl Blumenauer (D-Ore.), have reintroduced legislation to end federal alcohol taxes on kombucha companies. – Forbes – Taxes Read More