Taxes
27 Defendants Face Money Laundering Charges As Panama Papers Trial Begins
The files, which came to be known as the Panama Papers, included assets that were allegedly stashed in offshore companies to avoid taxation.
More From Taxes
Oh, La La! Pennsylvania Court Rules Perrier Is A Soft Drink—And Taxable
Sales tax on food and beverages can be complicated. In a recent Pennsylvania sales tax case, the question came down to carbonation.
IRS Suffers Another Defeat Related To Civil Penalties In Tax Court
The question raised in Mukhi was similar to that in Farhy—and the Tax Court wasn’t willing to deviate from that ruling.
Biden Capital Gains Proposal Of 44.6% Comes With Caveats And Asterisks
The number being bandied about is 44.6%, which would be the highest formal federal capital gains rate since its inception.
What The End Of Chevron Deference May Mean For Tax
Frank Agostino of Agostino & Associates discusses two pending Supreme Court cases, their potential effects on the Chevron doctrine, and their implications for the tax world.
Can You Claim Theft Loss Deductions Related To Internet Scams?
In instances of online fraud, it is not uncommon for victims to turn to their tax professionals for guidance on whether they may claim a theft loss deduction.
PTET Tax Strategy 2024 Deadline Coming For California Business Owners
The Pass-Through Entity Tax (PTET) may be the only time your tax planner tells you to pay an optional tax. You need to know the dealine is fast approaching.
IRS Releases Draft Of New Crypto Tax Form Used To Report Transactions
The IRS has released a draft of Form 1099-DA. The form is the next step in efforts to bolster crypto tax reporting and follows proposed regulations published last year.
Do We Need A Property Tax For Space?
Considering a proposal for a property tax-like policy for the deployment of near-Earth satellites.
The Senate Intensifies Its Focus On Offshore Tax Evasion
Nana Ama Sarfo outlines some of the discussions at a recent Senate Budget Committee hearing on offshore tax avoidance.
Death Of The American Abroad: Untangling U.S. Tax Across Borders
Understanding the numerous U.S. tax implications at death of an American citizen overseas can help navigate the complexities of handling estates with international ties.