The move will permit a workaround for businesses to the $10,000 limit on state and local tax deductions in the Tax Cuts and Jobs Act.
 
 
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Sep 06, 2018
 
 
 
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IRS will allow contributions to state and local tax credit programs as deductible business expenses
 
IRS will allow contributions to state and local tax credit programs as deductible business expenses
by MICHAEL COHN
 
The move will permit a workaround for businesses to the $10,000 limit on state and local tax deductions in the Tax Cuts and Jobs Act. READ MORE »
 
 
Sanders introduces BEZOS Act to tax large employers who pay low wages
 
Sanders introduces BEZOS Act to tax large employers who pay low wages
by MICHAEL COHN
 
Senator Bernie Sanders, I-Vt., and Rep. Ro Khanna, D-Calif., teamed up Wednesday to introduce legislation to tax big companies whose wages are so low that their employees are forced to rely on public assistance programs. READ MORE »
 
 
 
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Ryan says tax cut 2.0 vote still planned, despite SALT hangups
 
Ryan says tax cut 2.0 vote still planned, despite SALT hangups
by LAURA DAVISON, KAUSTUV BASU AND ALLYSON VERSPRILLE
 
House GOP leaders are forging ahead with a vote on a second phase of tax cuts this month, despite dissension from Republicans in high-tax states who say the measure would hurt their voters. READ MORE »
 
 
 
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Ex-CPA gets 18 months for fraud, tax evasion
 
Ex-CPA gets 18 months for fraud, tax evasion
by JEFF STIMPSON
 
The Texas accountant transferred funds from his employer to himself. READ MORE »
 
 
 
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Case studies: Cloud hosting in 2018
 
Case studies: Cloud hosting in 2018
by RANICA ARROWSMITH
 
Three accounting firms share their experiences with hosting providers. READ MORE »
 
 
 
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Art dealer Mary Boone pleads guilty to tax charges
 
Art dealer Mary Boone pleads guilty to tax charges
by MICHAEL COHN
 
Mary Boone, the owner of a prestigious Manhattan art gallery, pleaded guilty Wednesday to federal tax charges. READ MORE »
 
 
Dean Dorton Technology launches full service cybersecurity practice
 
Dean Dorton Technology launches full service cybersecurity practice
by RANICA ARROWSMITH
 
Gui Cozzi, formerly of Crowe LLP, will lead the new service line. READ MORE »
 
 
Greatland acquires Aabet Business Systems
 
Greatland acquires Aabet Business Systems
by RANICA ARROWSMITH
 
This is the third buy for the tax services company in five years. READ MORE »
 
 
IRS to work more closely with states on tax compliance
 
IRS to work more closely with states on tax compliance
by MICHAEL COHN
 
The Internal Revenue Service is hoping to expand the number of states who share data with the IRS as part of a joint federal and state program that