TAX PRO TODAY

The SALT limitation from a different perspective

By Robert D. Flach       3 min read

Should taxes be 'indexed for geography?' Read story →

Tech millionaires fear their favorite tax break will be chopped

By Ben Steverman and Kaustuv Basu       5 min read

Qualified small business stock may lose a lot of its value if congressional proposals go through. Read story →

The tax troubles of travelling entertainers

By Julio Gonzalez       3 min read

From musicians and actors to athletes and film crew, local tax laws create complexity. Read story →

IRS sent thousands of premature tax collection notices during pandemic

By Michael Cohn       4 min read

The Internal Revenue Service mailed out nearly 90,000 premature notices and demands for overdue taxes to taxpayers last year, even though the filing date had been extended.  Read story →

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Pelosi on center stage with Biden’s $4T agenda at risk

By Billy House and Erik Wasson       6 min read

The fate of President Joe Biden’s economic agenda rests largely on Speaker Nancy Pelosi navigating deep Democratic rifts and the minefield of promises she’s made to keep the party’s moderate and progressive wings moving toward her goal. Read story →

SALT break would erase most of House’s tax hikes for top 1%

By Laura Davison       3 min read

High-earning taxpayers would face much smaller tax hikes — or even cuts — if Democrats decide to restore the federal deduction for state and local taxes in legislation that’s now moving through the House. Read story →

Tax Fraud Blotter: Bumper to bumper to big house

By Jeff Stimpson       6 min read

Barely any business; happy to take a check; second time’s the charm; and other highlights of recent tax cases.  Read story →

Greatland buys W-2/1099 prep company Jasteck

By Ranica Arrowsmith       1 min read

Jasteck users will transition to Greatland’s Yearli platform. Read story →

Biden to turn up pressure on Democrats balking at spending bill

By Nancy Cook and Josh Wingrove       2 min read

President Biden plans to urge Democrats to unite, focusing on the struggles of middle class families. Read story →

Democrats’ tax plan kills backdoor Roths, sharply curbs founder stock loophole

By Lynnley Browning       5 min read

Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.  Read story →

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