TAX PRO TODAY

How domicile location can reduce state and local tax burdens

By Kyle Wissel       3 min read

While tax residency rules vary from state to state, changing residency generally requires a concurrent determination of domicile. Read story →

The winners and losers in the bipartisan infrastructure bill

By Laura Davison, Ari Natter and Steven T. Dennis       5 min read

A Senate plan to spend $550 billion on U.S. infrastructure stands to benefit industries heavily dependent on transportation. Read story →

Senate plans to end employee retention tax credit early

By Laura Davison and Genevieve Douglas       2 min read

The bipartisan infrastructure bill would end a tax break Congress crafted to help businesses struggling during the pandemic but relatively few companies have claimed. Read story →

Inside the state of state tax policy

By Roger Russell       5 min read

Bloomberg’s state tax survey clarifies policies on local Paycheck Protection Program loans, nexus and more. Read story →

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States haven’t needed to raise taxes to cope with pandemic

By Michael Cohn       4 min read

Most states have managed to get through the COVID-19 pandemic without increasing taxes, despite predictions last year, according to a new report. Read story →

Crypto investors get ready for more taxes — but clearer rules

By Ben Steverman, Claire Ballentine and Donald Moore       4 min read

Sure, you might have to actually pay U.S. taxes on those crypto trades. But at least it will be easier to figure out how much you owe. Read story →

Senate poised to deliver infrastructure win for Biden’s agenda

By Laura Litvan and Steven T. Dennis       4 min read

The $550 billion infrastructure bill that would provide the biggest infusion of federal spending on public works in decades. Read story →

Trump’s tax returns can be released to Congress, DOJ says

By David Yaffe-Bellany and Laura Davison       5 min read

The Justice Department directed the Treasury Department to hand over former President Donald Trump’s tax returns to Congress, a move that means six years of Trump’s personal and business financial information could become public. Read story →

Wealthy Americans targeted by U.S. in Panama tax-fraud probe

By David Voreacos and Neil Weinberg       3 min read

U.S. authorities have obtained a court order allowing them to demand financial information from banks and couriers. Read story →

Crypto surprise rattles industry in rare bipartisan tax plan

By Laura Davison, Joe Light and Allyson Versprille       4 min read

A Senate proposal to ramp up IRS surveillance over cryptocurrency transactions claims it will $28 billion in tax revenue. Read story →

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WEB SEMINAR

Paperless organizers in 2021: reality or myth?

Tuesday, August 3, 2021 2:00 PM EDT

This webinar will explore how automation is transforming the tax engagement, with a focus on using digital, electronically fillable client organizers. Learn More →

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5 questions CFOs should be asking controllers

Wednesday, August 25, 2021 2:00 PM EDT

Join us as we bring together CFOs and controllers to talk about the essential questions that need to be asked to better plan and execute strategies for digital acceleration of the finance organization. Learn More →

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