Here’s hoping that fewer last-minute changes will make for easier filing. | Digital tax talks may result in trade war even if Democrats win | | By Laura Davison 5 min read | | A brewing fight about which country has the right to tax some of the world’s most profitable companies, including Facebook Inc. and Alphabet Inc.’s Google, could devolve into a multi-front trade war, regardless of whether President Donald Trump is still in the White House. | |
| In the blogs: Youth movements | | By Jeff Stimpson 4 min read | | Fraud and execs; IRS tries to net non-filers; marketing media; and other highlights from our favorite tax bloggers. | |
| SPONSOR CONTENT | | Podcast: Tax Rules Just Got A Lot More Complicated | | On the surface, 199A and 163(j) seem pretty straightforward but looks can be deceiving. The 2017 Tax Cuts and Jobs Act raises thorny new questions for even the simplest pass-through entities. | |
| Supreme Court vacates tax refund awarded to bank in bankruptcy case | | By Roger Russell 3 min read | | The Supreme Court vacated and remanded Tuesday an appeals court decision that found under federal common law, a tax refund due from a joint tax return generally belongs to the company responsible for the losses that form the basis of the refund, rejecting a nearly half-century-old precedent. | |
| IRS faces challenges with business tax provisions of TCJA | | By Michael Cohn 3 min read | | The Internal Revenue Service is confronting challenges with administering and ensuring compliance with the business provisions of the Tax Cuts and Jobs Act, although it has made a considerable amount of progress in implementing them, according to a new government report. | |
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