Come back on March 9th from 12:30 pm – 1:30 pm EST to join the LIVE conversation in the commenting section of this article. Tax Day is just around the corner. Traditionally, Tax Day is April 15, but in 2023, taxpayers get a break as the tax filing deadline is delayed for all individual taxpayers
Taxes
The IRS has issued a new warning urging people to carefully review the Employee Retention Credit (ERC) guidelines before claiming the credit. Radio, TV and the internet are full of aggressive and alluring claims of free money, $26,000 per employee, with no money down. The IRS warns that the fees charge may be large and
If he’s re-elected President, Donald Trump proposes building ten brand-new “freedom cities” on federal land. But waving a magic wand isn’t how cities develop. America neglects its existing cities, and any urban funding should go to help with their many needs. Trump’s “freedom cities” idea doesn’t have much detail. In a campaign video, Trump said
Tony Santiago of TaxSearch Inc. discusses how the tax profession is changing and offers advice on developing future tax leaders. This transcript has been edited for length and clarity. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: changing of the guard. The tax
Final regs clarify the tax exception in section 897(l) for foreign pension funds that invest in U.S. real property. To qualify for the exception, the foreign pension fund must comply with restrictions on establishment, funding, benefits, and beneficiaries. Published on December 29, 2022, T.D. 9971 contains final regs on gain or loss of a qualified