Tax Practice News
A Proposal for Corporate Tax Cuts
Former President Trump has proposed a significant change to corporate taxation, targeting domestic manufacturing. Speaking at an Economic Club of New York event on Sept. 5, 2024, Trump outlined a plan to reduce the corporate tax rate from 21% to 15%. Read more
Sep 10, 2024
A November Tax Showdown
There is no doubt that tax policy will be a matter of debate in the upcoming election. The two parties could not stand further apart on their positions for just about everything, including taxes. So where do Vance and Walz stand? Read more
Sep 5, 2024
IRS Reminds Taxpayers of Important Tax Guidelines Involving Online Crowdfunding
The IRS reminds taxpayers of important tax guidelines involving contributions and distributions from online crowdfunding. Read more
Sep 4, 2024
Source: U.S. Supreme Court
A Summer of Supreme Court Decisions
In a series of landmark decisions, the Supreme Court has significantly altered the terrain of tax practices. We’ve summarized the key implications from some of the recent court decisions. Read more
Sep 3, 2024
IRS Unveils Draft Form 1099-DA for 2025 Transactions
The Internal Revenue Service (IRS) has released a draft of Form 1099-DA, "Digital Asset Proceeds From Broker Transactions," signaling a significant shift in the reporting requirements for digital asset transactions. Read more
Aug 29, 2024
