Taxes

Tax Court Holds It Has Jurisdiction Over Prior Year Denial Erroneously Included In IRS Determination

A latest Tax Court docket case thought-about its jurisdiction when the IRS erroneously included a denied innocent-spouse aid declare for a previous yr in a later willpower for one more yr. Because the case holds, that later willpower can successfully revive the Tax Court docket’s jurisdiction over the denied declare for the prior yr due

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Why Didn’t Covid-19 Wreck State And City Budgets? Federal Spending

Huge federal spending, together with revolutionary Federal Reserve actions, has prevented state and … [+] native budgets from collapsing. getty When the Covid-19 recession hit exhausting in spring 2020, individuals feared that state budgets would collapse, driving cities and states to chapter and crippling public companies.  Though we nonetheless should maintain investing in public items, the

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Is The OECD/G-20 Tax Agreement The Best Compromise?

Is The OECD/G-20 Tax Agreement The Best Compromise?

Businessman holding international community and information exchanges, World digital connections with know-how, … [+] Telecommunication and communication for web enterprise and social media networking. getty On this installment of Within the Pages, Robert Goulder of Tax Notes and Ruth Mason of the College of Virginia College of Regulation talk about the reasoning behind the OECD/G-20’s two-pillar settlement compromise

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