| The international tax provisions of the Tax Cuts and Jobs Act will likely have less impact on the willingness of multinational companies to shift their income abroad than the money they can save by using foreign employees to do research and development. | Study questions effectiveness of TCJA at stemming foreign R&D shifting | | By Michael Cohn 3 min read | | The international tax provisions of the Tax Cuts and Jobs Act will likely have less impact on the willingness of multinational companies to shift their income abroad than the money they can save by using foreign employees to do research and development. | |
| | | How will AI change the future of business? | | Artificial intelligence is poised to reshape the financial services industry — is your organization prepared? Please take a moment to fill out our confidential survey, and Arizent will donate to Direct Relief to help in its fight against COVID-19. | |
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| House Democrats unveil $3 trillion aid bill with cash for states | | By Erik Wasson and Laura Davison 6 min read | | House Democrats proposed a $3 trillion virus relief bill Tuesday, combining aid to state and local governments with direct cash payments, tax breaks, expanded unemployment insurance and food stamp spending as well as a list of progressive priorities like funds for voting by mail and the troubled U.S. Postal Service. | |
| Key justices look for middle ground on Trump’s financial records | | By Greg Stohr and David McLaughlin 4 min read | | Key justices explored possible middle ground as the U.S. Supreme Court considered President Donald Trump’s bid to keep his financial records secret in a pair of cases that could have sweeping constitutional significance and affect the November election. | |
| SPONSOR CONTENT | | Online accounting | | This webinar looks at the latest trends, as well as best practices for making the most of the cloud. | |
| In the blogs: Three little letters | | By Jeff Stimpson 3 min read | | More PPP details; virtues of reading instructions; the IRS slowly returns; and other highlights from our favorite tax bloggers. | |
| Trump’s tax returns put Supreme Court back in political storm | | By Greg Stohr 6 min read | | The U.S. Supreme Court is set to hear what could become the biggest cases involving Donald Trump as president, a pair of constitutional clashes that could insulate chief executives from investigations while in office and add an explosive new element to the 2020 election campaign. | |
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