Articles

image
Rich homeowners in blue states are among the biggest losers in the GOP tax plan
The GOP’s tax plan is likely to advantage wealthy Americans in numerous ways, including with estate-tax and private-tuition benefits. But where the housing market is concerned, proposed changes — particularly in the House version of the bill — are set to disproportionately hurt wealthier homeowners. Read More.
image
The GOP tax bill could add billions to Amazon, Facebook and Google’s bottom lines
The GOP tax bill has long been expected to boost corporate profits. Now we know just how much the biggest tech companies in the US stand to save — and what that could mean for their bottom lines… Read More.
image
Worry about the Republicans’ tax bill—and how it was passed
SOME political theorists argue that the law draws legitimacy not just from voting, but also from public debate before legislation is passed. In voting through a tax-reform bill on December 2nd, Republicans in Congress have tested this principle to destruction. The bill, like most, has its strengths and its weaknesses, but Republicans have rushed it through disregarding the value of consistency and evidence. Their success will weigh on the quality of American government. Read More.
image
Chairman’s Report - December 8, 2017
In a recent Hill.com article entitled, Analysis: More than 6,000 lobbyists have worked on taxes in 2017 by Megan Wilson, she clearly illustrates why the Swamp loves to play with the income tax system and is deathly afraid of the FAIRtax… Read More.
image
The Senate Is Rushing to Pass Its Tax Bill Because It Stinks
As more senators show signs of sacrificing their principles and embracing the Republican tax bill for minor and nebulous concessions, it bears looking more closely at the process that produced this terrible legislation and some of its lesser-known provisions. Read More.
image
How the Tax Bills Would Hit Higher Ed
As Republican leaders in the Senate lobbied to secure the votes needed for a drastic overhaul of the U.S. tax system, higher education leaders and student groups have continued to keep the spotlight on provisions in both houses of Congress that would significantly affect – and, they believe, badly hurt – institutions and college-goers alike. Read More.
image
Trump tax reforms could depend on little-known ‘scoring’ panel
President-elect Donald Trump’s goal of overhauling the U.S. tax code in 2017 will depend partly on the work of an obscure congressional committee tasked with estimating how much future economic growth will result from tax cuts. Read More.
image
Tax Court Sustains IRS Strict Interpretation Of Charitable Acknowledgement Rules
The Tax Court had bad news for 15 West 17th Street LLC about how strict that rule is. Very, very strict. Read More.
image
A taxing year ahead: Expect to pay more for your home, parking, water and more
Property owners hoping for a respite from rapidly rising taxes will be disappointed in 2017, when city government and Public Schools will continue digging deeper into their pocketbooks. Read More.
image
IRS’ Koskinen Expresses Interest to Stay on Under Trump
Bloomberg’s Laura Davison discusses Internal Revenue Service Commissioner John Koskinen’s history with Donald Trump and whether he will remain in the president-elect’s administration. Read More.
image
GOP considers holding off on repealing ObamaCare taxes
Congressional Republicans are considering holding off on repealing some of ObamaCare’s taxes, according to lobbyists familiar with the discussions. Read More.
image
Google lowered 2015 taxes by $3.6 bn using ‘Dutch Sandwich’
Alphabet Inc.’s Google saved $3.6 billion in worldwide taxes in 2015 by moving 14.9 billion euros ($15.5 billion) to a Bermuda shell company, new regulatory filings in the Netherlands reveal. Read More.
image
IRS Agents Rented Million-Dollar Townhomes, Spent Hundreds of Nights in Luxury Hotels Last Year
Taxpayers paid for “excessive and inappropriate” lodging and travel costs, including for one employee who managed to travel 381 days of the year. Read More.
image
Hatch report finds ‘troubling’ IRS spending on long-term travel
More than two dozen IRS employees traveled for more than half of fiscal 2015, incurring total costs of more than $1.4 million, according to a report from the staff of Senate Finance Committee Chairman Orrin Hatch (R-Utah). Read More.
image
Coinbase Customer Files Motion To Block IRS From Accessing User Info
The “John Doe” summons seeks to identify all United States Coinbase customers who transferred convertible virtual currency from 2013 to 2015. Read More.

Get latest news delivered daily!

We will send you breaking news right to your inbox