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Opinion: Former IRS Commissioner Danny Werfel says leaders who respond to the Trump administration's mass layoffs and agency dismantling with a shrug aren't escaping a broken system—they’re helping to break it. news.bloombergtax.com/tax-insights-a…
Opinion: Bristows experts look at share option plans available in the UK and US and discuss what factors British businesses should consider when navigating between the two systems. news.bloombergtax.com/daily-tax-repo…
Opinion: Former IRS Commissioner Danny Werfel says leaders who respond to the Trump administration's mass layoffs and agency dismantling with a shrug aren't escaping a broken system—they’re helping to break it. news.bloombergtax.com/tax-insights-a…
Opinion: Tax Foundation's Daniel Bunn says President Donald Trump's new tax law will offer national economic growth if the administration prioritizes investment, sorts out policy priorities, and works on the implementation details. news.bloombergtax.com/tax-insights-a…
Securities industry officials, bankers, and other multinational companies spent millions of dollars lobbying in the second quarter on issues including the GOP’s proposed “revenge tax” in the party’s $3.4 trillion tax-and-spending bill. news.bloombergtax.com/daily-tax-repo…
Delta Air Lines Inc. failed to convince the Oregon Supreme Court on Thursday that the state should be barred from taxing its goodwill, intellectual property, and other intangible assets. news.bloombergtax.com/daily-tax-repo…
House Speaker Mike Johnson is betting the upfront rewards from President Donald Trump’s tax law will carry his party in the 2026 midterm elections, allowing Republicans to defy US political convention and hold on to their House majority. news.bloombergtax.com/daily-tax-repo…
The IRS has sovereign immunity against a taxpayer’s claim that the agency wrongly continued to collect taxes from him in spite of an installment agreement, a federal district court ruled. news.bloombergtax.com/daily-tax-repo…
House Ways and Means Committee Republicans are calling on the IRS to withdraw guidance that broadened the agency’s ability to apply the economic substance doctrine in audits of related-party partnerships. news.bloombergtax.com/daily-tax-repo…
Crypto’s Wealth Pitch Grows on Tax Trades as 401(k) Push Builds news.bloombergtax.com/daily-tax-repo…
Chicago’sChief Financial Officer Jill Jaworski said the city will likely seek to raise property taxes to address next year’s budget deficit. news.bloombergtax.com/daily-tax-repo…
The IRS has sovereign immunity against a taxpayer’s claim that the agency wrongly continued to collect taxes from him in spite of an installment agreement, a federal district court ruled. news.bloombergtax.com/daily-tax-repo…
IRS tax examiners and revenue agents—employees who review returns and conduct audits—were among the hardest hit by recent cuts at the agency, a watchdog said Tuesday, echoing prior reports. news.bloombergtax.com/daily-tax-repo…
Staffing shortfalls and intricate new policies are complicating efforts at the Treasury Department and IRS to meet President Donald Trump’s tight deadlines for churning out guidance on his multi-trillion-dollar tax bill. news.bloombergtax.com/daily-tax-repo…
Nathan Boidman addresses the rules, in place or being considered, for Pillar Two for the push down of taxes paid by one corporation of a group to or for the benefit of another. news.bloombergtax.com/tax-management…
A new, long-sought $60 billion tax break on companies’ interest payments stands to save cable and telecommunications providers like Charter Communications and drug makers like AbbVie millions of dollars a year. news.bloombergtax.com/daily-tax-repo…
Baker McKenzie practitioners explain what the OBBBA’s international tax changes mean for taxpayers subject to Pillar Two and Inclusive Framework members that seek to deliver on the G7 statement. news.bloombergtax.com/tax-management…
House Republicans have threatened to hold up funding for the US accounting standard setter over expanded income tax disclosures set to hit to corporate financial statements early next year. news.bloombergtax.com/financial-acco…
IRS tax examiners and revenue agents—employees who review returns and conduct audits—were among the hardest hit by recent cuts at the agency, a watchdog said Tuesday, echoing prior reports. news.bloombergtax.com/daily-tax-repo…
Elizabeth Askey, the chief of the IRS Independent Office of Appeals, will exit the agency Sept. 1, according to a person familiar with the situation. news.bloombergtax.com/daily-tax-repo…