Most tax practitioners and real estate investors are aware of the depreciation-related changes to the tax code in recent years. However, because of the rapid changes to these rules, many people are less aware of the interactions between these provisions. For the best outcome, weigh provisions in both CARES Act and TCJA | By David McGuire 3 min read | Most tax practitioners and real estate investors are aware of the depreciation-related changes to the tax code in recent years. However, because of the rapid changes to these rules, many people are less aware of the interactions between these provisions. | |
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| | Swiss canton takes taxes in Bitcoin as crypto gains traction | By Leonard Kehnscherper 2 min read | Switzerland’s canton of Zug, home to hedge funds, crypto firms and commodity traders, will start allowing citizens to pay taxes in Bitcoin and Ether as the acceptance of digital currencies continues to rise. | | In the blogs: Good citizens | By Jeff Stimpson 3 min read | Domestic and international; contractors and nonprofits; IRS big-debt help; and other highlights from our favorite tax bloggers. | |
IRS finalizes regs on BEAT for multinationals | By Michael Cohn 2 min read | The Internal Revenue Service released final regulations for the base erosion and anti-abuse tax that is supposed to discourage multinational corporations from shifting profits overseas. | |
Trump wins delay of New York subpoena for his tax returns | By Bob Van Voris 2 min read | A federal appeals court granted President Donald Trump an order delaying enforcement of the Manhattan district attorney’s subpoena for his tax returns while it considers his latest legal challenge but may rule quickly in the matter. | | WEB SEMINAR | Meet the 2020 Best Firms to Work For | Accounting Today and ADP® will reveal our annual ranking of the top workplaces in the accounting profession during this live webinar. | |
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