Taxes

Contingent legal fees are customary in personal injury cases. Increasingly, they are the norm in employment lawsuits too. Indeed, the variety of cases in which contingent legal fees are common is still expanding. These days, even large law firms may handle some cases on contingency. So, how about paying your tax adviser a percentage of

Manal Corwin, the new director of the OECD’s Centre for Tax Policy and Administration, discusses her vision for the organization and the latest updates on the inclusive framework and two-pillar project. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: under new management. The

Workers in Washington state saw a new deduction in their paychecks last month: a tax on wages meant to help pay for the cost of long-term care. The first-of-its-kind tax in the U.S. was created in 2019. However, under the program’s timeline, workers began making payroll contributions in July of 2023. Washington Cares Payroll Tax

Rewards earned from staking cryptocurrency are to be included in a taxpayer’s gross income when received. For those who follow the taxation of digital assets the position taken in IRS Revenue Ruling 2023-14 comes as no surprise. The ruling formalizes the position the IRS has taken at least since the Jarrett case. The Jarretts’ argument

A large portion of my client base involves small business owners with financial troubles due to a failure of paying taxes. As a result, I find that often taxpayers hope that if they ignore IRS Notices the debt will disappear. Unfortunately, this does not occur and results in the taxpayer owing even more due to