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Even though many of the legislation’s original elements, like providing free community college education, were removed, it’s still full of tax provisions.
February 16Oak View Law Group -
Senator Joe Manchin threw more cold water on the president's spending plans after inflation spiked to a 7.5% in January, the highest rate in four decades.
February 10 -
European countries are skeptical of the French president's abiliy to jumpstart implementation of a minimum corporate tax.
January 18 -
Whether a rich person will pay more or less in taxes largely depends on just how much income they get, and how it’s earned.
November 24 -
President Joe Biden’s signature plan to expand the social safety net, address climate change and rewrite tax policies passed the House Friday morning as Speaker Nancy Pelosi united fractious Democrats to send the legislation to the Senate, where its fate remains uncertain.
November 19 -
The latest version of the spending package, which is still being debated, includes a minimum tax of 15% on a corporation’s book income.
November 18 -
The service released its annual inflation adjustments Wednesday, including the standard deduction amount for individual and married taxpayers.
November 10 -
The American Institute of CPAs sent a letter to Congress’s tax-writing committees asking lawmakers to reconsider the rules around the corporate minimum tax rate that’s currently part of the reconciliation bill now under consideration.
November 1 -
Leaders of the biggest economies formally backed a plan to overhaul the way countries tax multinationals in a bid to stem rate competition.
November 1 -
As Congress wrangles, advisors are struggling to figure out how to help clients.
October 28