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What is a Global Minimum Tax and What Will it Mean?

(JofA) - Finance ministers for the G7 reached an agreement on Saturday supporting a global minimum tax rate of at least 15%. Here’s how it would work and what might happen next


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Lesson From The Tax Court: The Perils of Stipulations 
(TaxProf Blog) - Tax Court procedure marches to a different beat from other federal courts. For example, when a taxpayer files a Petition contesting a Notice of Deficiency (NOD) the taxpayer cannot voluntarily dismiss the case the way litigants can do in federal district court.

7 Questions to Understand Client Finance Needs 
(Accounting Web) - Business clients can run out of money or simply need more money in a hurry. It’s better to get in front of this problem sooner than later.

These Charts Show the Highest and Lowest Corporate Tax Rates Around the World 
(CNBC) - Finance ministers from the Group of Seven advanced nations agreed on Saturday to back a minimum global corporate tax rate of at least 15%.

From Lapsing Job Benefits to Full Stadiums, June Could Be U.S. Recovery's Pivot 
(Reuters) - Fourteen months after the pandemic triggered a national emergency, the final chapter of the U.S. economic recovery may begin this month, with rapid changes starting with the end of enhanced unemployment benefits in half the states...

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If you can spare just a bit of time during the tax season, wouldn't it be great to use it to plant the seeds for making your entire 2021 a little better? LEARN MORE


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