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IRS Guidance on R&D Deductions Boosts Yelp’s Third-Quarter Profits
Taxation
Yelp’s earnings grew sixfold in the third quarter of 2023, partially due to the effect of a one-time tax adjustment…
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IRS Announces Inflation Adjustments for Tax Year 2024
Taxation
The IIRS) has provided the annual inflation adjustments for more than 60 tax provisions for tax year 2024, which will apply…
Read More
Conference Speakers Discuss Risks and Rewards of Technology in Federal Tax Practice
Taxation
Technology- and fraud-related issues were among those considered by two tax experts who spoke at at the Federal Tax and…
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KPMG Survey: Most Large Corporations Now Preparing for Global Minimum Tax
Taxation
A majority of tax executives at large multinational organizations view the upcoming global minimum corporate tax as an…
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Taxpayers Can Now Submit Documents Digitally to IRS Earlier than Planned
Taxation
The IRS is accelerating its timetable for paperless taxpayer communications, The Associated Press (AP) reported. The…
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Planning for the 'Widow’s Tax Penalty'
Taxation
It's important to be aware of the so-called widow’s penalty and to take advantage of strategies to reduce or avoid it, a…
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IRS Improvements Threatened by Potential Budget Cuts
Taxation
The IRS's new business tax accounts, which will allow companies to view and track their taxes, and its improvements to its…
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Tax Enforcement Chiefs from 5 Countries Engage in 'Challenge' to Investigate Cybercrime
Taxation
The Joint Chiefs of Global Tax Enforcement (J5)’s annual Cyber Challenge, which took place in Ottawa, Canada, from Oct. 30…
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IRS Raises 2024 Contribution Limits for Retirement Plans
Taxation
The IRS is increasing the amount that individuals can contribute to various retirement plans in 2024. The limits for…
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