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| | | By Erik Wasson and Laura Davison 3 min read | Senate Budget Committee Chairman Bernie Sanders is proposing to partially revive the federal deduction for state and local taxes in an draft outline of a budget resolution designed to fast-track much of President Joe Biden’s economic agenda. View story → | | |
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| | | By Erik Wasson and Laura Litvan 4 min read | Top White House aides wrapped up a meeting with a group of senators Tuesday without producing an infrastructure compromise, as differences on how to pay for a proposed $579 billion in new spending for roads, bridges and other projects continue to bedevil the talks. View story → | | |
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| | | By Heather Perlberg 9 min read | The SEC has tweaked certain accounting rules and is considering doing more. View story → | | |
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| | | By Brian Chappatta 2 min read | Stephen Schwarzman said the risk of an increase in U.S. capital gains taxes has led to explosive growth in potential targets for his alternative investment firm. View story → | | |
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| | | By Michael Cohn 5 min read | The tax prep giant's financial technology innovation arm is adding new accounts receivable features to its bookkeeping software. Read story → |
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| | | By Michael Cohn 2 min read | The Public Company Accounting Oversight Board is reassessing its plans to reestablish its outside advisory groups after the latest bout of turmoil at the audit firm regulator. Read story → |
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| | | By Jeff Stimpson 2 min read | A new holiday; VAT questions; give parents credit; and other highlights from our favorite tax bloggers. Read story → |
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| | | By Michael Cohn 4 min read | The Internal Revenue Service opened a portal to enable families to monitor and manage their monthly advance payments of the expanded Child Tax Credit. Read story → |
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| | | By Roger Russell 3 min read | Taxing jurisdictions are less anxious about revenue — but they’ll be more focused on sales tax than before. Read story → |
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