TAX PRO TODAY

Liberty becomes latest prep chain to offer banking

By Jeff Stimpson       1 min read

The new DeepBlue Debit offering is aimed at customers who are underbanked. Read story →

Billionaire Brockman is still hiding assets in tax-evasion case, U.S. says

By David Voreacos and Neil Weinberg       2 min read

U.S. officials are seeking a judge’s authorization for an immediate government levy to help pay his $1.4 billion tax bill. Read story →

IRS to add 1,200 employees as agency confronts delays, backlog

By Laura Davison       2 min read

The additional staff are to help the agency navigate what will likely be one of the most challenging tax filing seasons in years, according to a person familiar with the plans. Read story →

Demystifying sales tax nexus

By Nellie Akalp       4 min read

Help clients determine their sales tax obligations in the jurisdictions where they sell taxable products and services. Read story →

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All eyes on the R&D Credit: 6 trends changing the game

The R&D Tax Credit is gaining more attention than ever. From VC firms to the IRS, change is here. View story →

Intuit CEO warns of tax bill shock for Bitcoin, NFT traders

By Joe Williams       2 min read

Sasan Goodarzi warned that Americans who invested in speculative assets like Bitcoin or nonfungible token could be dumbfounded at this year’s tax bill. Read story →

In the blogs: Wasting no time

By Jeff Stimpson       3 min read

What to concentrate on; Ready Return rejection; cases dismissed; and other highlights from our favorite tax bloggers. Read story →

IRS update: A focus on communications

By Roger Russell       3 min read

The service is working on text bots and chat bots to improve access, and managing issues around the ACTC and EIPs.  Read story →

India finally warms to crypto with tax, digital currency

By Suvashree Ghosh and Vrishti Beniwal       2 min read

India took a step closer to adopting cryptocurrencies after years of wavering on its stance, as the country seeks to keep up with the global move toward digital assets.  Read story →

Roth conversion? Why to gamble on one this tax filing season

By Lynnley Browning       6 min read

Here are four core moves that advisors are considering right now for clients as they gear up to file their federal tax returns.  Read story →

The top SALT stories of 2021

By Roger Russell      

From PTE tax regimes and telework, to changes in the tax mandate, these 10 developments were critical. Read story →

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