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Democratic presidential candidates, including Joe Biden, Elizabeth Warren and Bernie Sanders, have proposed a new tax on financial transactions. While candidates argue these new taxes could help pay for ambitious health care programs that could benefit the middle class,...

source: Benzinga via Yahoo

Spain will push ahead with a tax on digital giants if the Socialist Party and left-wing Unidas Podemos reach enough support to form a coalition government. The acting government, led by Pedro Sánchez, intends to follow France’s...

source: Forbes

The U.S. wants companies to have a choice to fully opt in or out of part of the Organization for Economic Cooperation and Development’s plan to overhaul global tax rules, a senior Treasury official told Bloomberg Tax. The safe harbor proposal, first suggested in a...

source: Bloomberg Tax

It is not uncommon for taxpayers, and even some tax professionals, to assume that the examination process begins when the Tax Compliance Officer or Revenue Agent sends the first notice to the taxpayer. However, this is not the case.

source: CPA Practice Advisor

Let’s accept that millennials will probably not always look like your father’s tax client. Many things are more widely accepted than they used to be. So, who exactly are we as clients?

source: AccountingWEB

The Internal Revenue Service is seeking information from more taxpayers who hold virtual currency like bitcoin, but in a recent ruling, a judge ordered the IRS to limit its summons for information from one cryptocurrency exchange, Bitstamp. The case involves a taxpayer...

source: Accounting Today

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