TAX PRO TODAY

States fight back against ARP’s tax cut ban

By Roger Russell       3 min read

A spate of lawsuits claims that the restrictions violate states' rights to manage their finances. Read story →

The world’s rich and powerful are stashing $500B in this tax haven

By Anders Melin       6 min read

There’s no telling where the vast fortunes hide on tree-softened Phillips Avenue in Sioux Falls.  Read story →

Global tax overhaul endorsed by G-20 finance ministers

By Alessandra Migliaccio and Birgit Jennen       2 min read

Finance ministers from the world’s biggest economies endorsed a global accord overhauling how countries tax big corporations, setting it for approval by heads of state at a summit later this month. Read story →

Democrats divided over how best to slice Biden’s economic agenda

By Laura Davison and Billy House       4 min read

The party’s progressives and moderates disagree over which pieces of President Biden’s agenda to pay for — and how long to pay for them.  Read story →

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In the blogs: Attack and conquer

By Jeff Stimpson       4 min read

How to network; testing cyber defense; Pandora the explorer; and other highlights from our favorite tax bloggers. Read story →

Tax hikes turn estate and wealth advisors into ‘triage center’ for the rich

By Lynnley Browning       6 min read

Good luck getting in to see an estate planner if you don’t already have one. Cross your fingers if you do.  Read story →

U.S. nears deals with countries on eliminating digital taxes

By Christopher Condon       2 min read

The Biden administration said it’s close to securing agreements from a number of countries on withdrawing their so-called digital service taxes. Read story →

Global tax deal faces emerging hurdle in U.S.

By Christopher Condon       4 min read

As governments celebrate another advance toward a global tax accord, an obscure legal question in the U.S. threatens to tear it apart. Read story →

IRS TE/GE division sets priorities for 2022

By Michael Cohn       6 min read

The Internal Revenue Service’s Tax Exempt and Government Entities division is making plans for next fiscal year in hopes that Congress will provide more funding. Read story →

Global tax overhaul advances as 136 nations sign on

By William Horobin and Isabel Gottlieb       1 min read

Nations resolved key differences over the level of a global minimum rate and an end to new digital taxes. Read story →

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