Speedy decision; trouble in paradise; diplomatic imbecility; and other highlights of recent tax cases.
Day: April 18, 2024
Fighting stubborn racial disparities in homeowner tax subsidies
Experts from the Fed, Intuit and the Urban-Brookings Tax Policy Center explored ideas for more effective ways to advance the goals of the mortgage interest deduction.
Avalara’s new president to emphasize customer experience
Ross Tennenbaum said he intends to improve its customer experience, and hinted at an e-invoicing partnership with a blue chip company.
AICPA letter to FinCEN supports small registered investment advisers
Proposed regulations could challenge small RIAs in particular to maintain compliance, according to an AICPA comment letter. The letter recommends that FinCEN reconsider how it determines who must report.
Accountants feel more upbeat about global economy
Accounting and finance professionals are expressing greater confidence about the world economy this year, according to a new survey.
PwC shakes up U.S. firm
PricewaterhouseCoopers US is realigning its organizational structure across three lines of service — Assurance, Tax and Advisory — starting in July.
Despite moratorium, IRS gets 20,000 ERC claims weekly, Werfel says
IRS commissioner Danny Werfel told the Senate Finance Committee that a tax bill passed by the House in January would help the IRS combat fraud in employee retention credit claims.