Trying to move a mountain: Why Congress debates tax reform in an election year
Max Baucus, chairman of the Senate Finance Committee REUTERS/Kevin Lamarque Tax reform is coming! Many people say that momentum is building to revamp the tax code, but the pace can seem glacial on...
View ArticleEssential tax and accounting reading: Swiss eager for U.S. deal, E&Y...
Internal Revenue Service office near Times Square in New York. Welcome to the top tax and accounting headlines from Reuters and other sources. * Swiss president wants tax accord with U.S. David Jolly –...
View ArticleEssential tax and accounting reading: Californians support tax hikes,...
California coast REUTERS/Mike Blake Welcome to the top tax and accounting headlines from Reuters and other sources. * Strong majority back Jerry Brown’s tax-hike initiative-poll. Anthony York – The Los...
View ArticleEssential tax and accounting reading:oil tax breaks challenged, Dow pushes...
Welcome to the top tax and accounting headlines from Reuters and other sources. * Bill ending oil company tax cuts clears Senate hurdle. Ayesha Rascoe and Richard Cowan – Reuters. Legislation repealing...
View ArticleEssential reading: RBC accused of tax scheme, Groupon hiring more auditors
Around 50 percent of Irish homeowners have boycotted a new tax. Here, an empty and unsold housing development in the village of Keshcarrigan, County Leitrim. REUTERS/Cathal McNaughton Welcome to the...
View ArticleIf you think 2011 taxes were bad, wait until this year’s tally
“This is going to be one of the craziest years I’ve seen,” said Mark Steber, chief tax officer for Jackson Hewitt Tax Services. “It’s kind of the perfect tax storm.” For those of us still smarting from...
View ArticleEssential reading: Cuts debated on tax breaks for retirement savings,...
Welcome to the top tax and accounting headlines from Reuters and other sources. * Lawmakers consider changing tax breaks on retirement savings. Lori Montgomery – The Washington Post. The painful...
View ArticleEssential reading: How Apple keeps its tax bill low, KPMG inquiry in UK, and...
Welcome to the top tax and accounting headlines from Reuters and other sources. * How Apple sidesteps billions in taxes. Charles Duhigg and David Kocieniewski – The New York Times. As it stands,...
View ArticleEssential reading: Private equity defends deductions, Brazil’s tax “lion,”...
Welcome to the top tax and accounting headlines from Reuters and other sources. * Private equity defends business-debt deductions. John McKinnon – The Wall Street Journal. A private-equity group will...
View ArticleEssential reading: HP loses Dutch tax shelter case, popular deductions on the...
Welcome to the top tax and accounting headlines from Reuters and other sources. * HP loses $190 million tax case against IRS. Lynnley Browning – Reuters. Hewlett-Packard Co on Monday lost a battle with...
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