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Tax
Total Cost to Manage Taxes: Metric of the Month
Smart investments in tax strategy and tax processes can pay off big down the road.
Perry D. Wiggins, CPA
April 1, 2021
The Economy
Biden Infrastructure Plan Includes Tax Increases
One of the main priorities of the tax part of the plan is raising the corporate rate to 28% from 21%, a partial reversal of Donald Trump’s 2017 tax cut.
Tax
Remote Workers Alter State Taxes
States such as Texas and Florida that have no individual income taxes could become havens for remote workers.
Tax
Elizabeth Warren’s Wealth Tax: What You Should Know
Economists estimate the plan would generate about $3 trillion in tax revenue over a 10-year stretch.
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Tax
Revitalizing the Global Economy Requires Outside-the-Box Thinking
Countries will not be able to tax their way back to prosperity, so it’s time for leaders to find other solutions.
Tax
Leverage Technology for Smoother Tax Compliance
Tax compliance in the aftermath of the Tax Cut & Jobs Act will not be simple or straightforward.
Tax
GM Ordered to Repay Ohio $28M In Tax Credits
GM shut down its Lordstown, Ohio, plant last year, despite an agreement to keep it active until 2037.
Tax
Tech Groups Sue Maryland Over Online Ad Tax
The tax on the revenue from digital advertising services provided in Maryland is an "extraordinarily severe form of exaction," the suit says.
Compensation
Employers May Balk at Payroll Tax Holiday
President Trump's tax deferral may be "too complex or impose too much potential liability on [employers] to be worth taking advantage of."
Tax
The Prospect of Higher Taxes Could Spur Rush of Year-End PE Deals
Many PE players are starting to assess which way the political and fiscal winds are blowing and to work on getting deals done.
Tax
The Hidden Tax Obligations in Financial Restructuring
Since a restructuring always creates a taxable event, stakeholders must carefully consider where the tax liability goes and how it may impact them.
Tax
Apple Wins Appeal on $15B Irish Tax Bill
The decision by the EU court could have wide-ranging effects on multinationals.
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