Taxes
Oracle and Deloitte Partner to Help Multinational Organizations Prepare for OECD Pillar Two Requirements
The PIllar Two rules effectively create a global minimum tax rate of 15 percent and significantly impact financial processes and operating structures for large multinational organizations.
FTC Calls TurboTax ‘Free’ Software Deceptive in Blow to Intuit
With the FTC cracking down on deceptive advertising, Intuit’s website now says only 37% of filers are eligible for the free version.
Tax Diversification: How it Can Boost Retirement Income
Just as you allocate your invested assets, you can also diversify with taxable, tax-free and tax-deferred accounts.
Selling Your Business? Personal Goodwill Can Reduce Your Tax Burden
Careful planning around a bundle of rights known as goodwill can result in substantial tax savings when selling a corporation or company.
$78 Billion Tax Deal Gets More Bipartisan Support in Congress
Ways and Means voted to approve a tax package that would revive a trio of business tax incentives and expand the child tax credit.
Trump Tax Leaker Acted Out of ‘Deep, Moral Belief,’ Judge Told
Charles Littlejohn, 38, pleaded guilty Oct. 12 to stealing Donald Trump’s tax data from the IRS and leaking it to The New York Times.
New Tax Guidance on Energy Credits for Using Land Alternative Fuel Charging Stations
The Inflation Reduction Act amended the credit for qualified alternative fuel vehicle refueling property. The changes apply to qualified alternative fuel vehicle refueling property placed in service after Dec. 31, 2022 and before Jan. 1, 2033.
IRS System Upgrades Delay E-Filing for Some Tax-Exempt Organizations
The IRS said on Thursday that tax-exempt groups won't be able to e-file Form 990-T or Form 1120-POL until March 17.