The service is projecting 12.4 percent more than it did last year.
| SALT tax-cap challenge thrown out | | By Chris Dolmetsch and Laura Davison 2 min read | | The case brought by New York and New Jersey was brought against a provision of the Tax Cuts and Jobs Act. | |
| Trump, Manhattan DA reach temporary accord on tax subpoena | | By Bob Van Voris 2 min read | | The president’s attorneys reached a temporary agreement with the office of Manhattan District Attorney Cyrus Vance delaying the deadline for Mazars USA LLP, Trump’s accountants, to comply with a subpoena for his taxes and for other financial papers. | |
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| IRS updates tax gap estimates | | By Michael Cohn 2 min read | | The Internal Revenue Service released a new set of tax gap estimates for tax years 2011, 2012 and 2013, indicating the tax compliance rate is mostly unchanged from previous years. | |
| Internet giants threatened with forced disclosure in France | | By Helene Fouquet 2 min read | | France’s former digital affairs minister wants to force internet giants like Amazon, Alphabet, Microsoft, Facebook and Apple to reveal how much profit they make in France, saying the companies are understating their French activities to a vast extent. | |
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| WEB SEMINAR | | Inside the top QuickBooks apps | | With millions of businesses using Intuit’s industry-leading accounting software, accountants want to make sure they’re up to date on the best third-party applications in the QB ecosystem, whether they're using desktop or QB Online. | |
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