The U.S. has taken a first step toward a challenge of Canada’s DST on large foreign technology companies.
Day: August 30, 2024
2025 tax planning: Four boxes you need to check
Transfer pricing, Pillar Two, GLAM and more are important considerations.
IRS hasn’t ensured audits remain low for taxpayers under $400K
The Treasury Department directed the IRS not to use any additional Inflation Reduction Act funds to increase audits on small businesses or households earning less than $400,000.
Fact sheet addresses taxability of crowdfunding distributions
The IRS said that crowdfunding distributions may be included in the gross income of the person receiving them, depending on the facts and circumstances of the distributions.
Deloitte rower earned gold at Paris Olympics
Olli Zeidler was one of 10 Deloitte professionals who competed at the 2024 Olympics and Paralympics.
Advanced Energy credit applications open for next step
The IRS has received over 800 project proposals seeking over $40 billion in credits.
PEEC releases ethics exposure draft for Sec. 529 plans
The proposed revisions relate to monitoring challenges and independence threats related to an account owner’s direct financial interest in Sec. 529 plans.