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In the blogs: Making choices

Accounting Today

Why lawmakers ought to adopt a simple reform that would raise revenue and make the Districts business tax system fairer. Virginia – U.S. Tax Talk: ( [link] ): OBBBA wont be so beautiful for foreign persons if IRC Section 899 becomes reality. Trovato wonders how difficult the Tax Court exam for non-attorneys should be.

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Senate Republicans plan major revisions to Trump tax bill

Accounting Today

At the same time, so-called pass-through businesses in the service sector are pushing to remove a provision in the House bill that limits their ability to claim SALT deductions. Senators Josh Hawley of Missouri and Jim Justice of West Virginia have said they oppose these changes.

Tax
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5 States with the Lowest Combined Business Taxes

CPA Practice

One crucial factor to consider when selecting your business location is the tax environment. Business taxes can significantly impact your bottom line and overall profitability. The importance of business taxes As an entrepreneur, you face countless decisions when starting a business.

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Maryland Digital Ad Tax Case Leaves States in Limbo, But Digital Taxes Aren’t Going Away

CPA Practice

The digital economy has caused an incredible shift in how jurisdictions create, administer, remit and audit indirect taxes. Over the last decade, businesses, governments, regulators and policy makers have all been trying to make sense of this new retail landscape. By Michael Bernard and George Salis.