Under the Tax Cuts and Jobs Act, which took effect in 2018, personal exemptions were eliminated in the computation of individual income tax. Following this…
The IRS issued notice 2020-5, updating optional standard mileage rates for business a vehicle. As of January 1, 2020, the standard mileage rates of cars,…
The President signed the Setting Every Community Up for Retirement Enhancement (SECURE) Act on Dec. 20, 2019. The goal of this bill was to help…
The House passed a bill earlier this week with sweeping changes related to retirement plans that will impact many Americans. Some of the changes include:…
A number of large U.S. firms argue that elements of the Tax Cuts and Jobs Act are not “valid”, putting them on course for court…
France and the United States have agreed to take leading roles in talks aimed at reaching a deal on a global tax mid-2020, working in…
Issued by UHY Victor LLP Inheritance Tax rates in G7 and EU countries ten times higher than emerging economies No inheritance tax in…
It’s the Holiday season for the bad guys too! Schemes are sent into overdrive; Black Friday and Cyber Monday are the busiest online shopping…
IRS funding cuts lose billions in corporate tax revenue – Study Casey Schwab, a professor at Indiana University’s Kelley School of Business, has said…
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