Tax season is here, and unfortunately, so are scammers. The Treasury Inspector General for Tax Administration (TIGTA) recently issued a new warning for 2025 about text messages impersonating the IRS. Here’s what you need to know to avoid this new tax scam and protect your tax information. Context: The IRS Recovery Rebate Credit announcement Scammers
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State Income Taxes on Nonresidents: Remote Work & Hybrid Work Skip to content Table of Contents Key Findings Five years after the start of the COVID-19 pandemic, remote and hybrid work has become a way of life for many Americans. Even occasional remote or hybrid work, or work-related travel, triggers nonresident individual income taxAn individual
Updated for tax year 2024. Your wedding day is one of the most exciting and memorable days of your life. It makes all the hectic planning leading up to the big day well worth it. As you walk down the aisle to say, “I do,” you probably aren’t thinking about your income taxes. But, your
German Election: International Tax & Trade Policy Implications Skip to content Home • Blog • Transatlantic Tensions: What the German Election Could Mean for International Tax & Trade Policy After the collapse of the German government coalition in November 2024, a new federal election will take place on 23 February. Unlike German elections of the
Updated for tax year 2024. If you recently got married or are thinking about tying the knot soon, it’s never too early to start thinking about the tax implications of marriage. Many times, getting married and filing jointly with your spouse can bring some nice tax advantages along with it. At a glance: Filing jointly
EU Distributed Profits Tax? | EU 28th Regime Tax Plans Skip to content Home • Blog • Distributed Profits Taxation Would Be a Good Role Model for the EU’s 28th Regime In a recent speech at the Davos Economic Forum, European Commission President Ursula von der Leyen announced plans to create a single set of
Updated for tax year 2024. As the baby boomer generation ages, more taxpayers are handling estate and trust taxes for the first time. According to Accounting Today, the number of income tax returns for estates and trusts (Form 1041) increased by 14.9% between 2020 and 2021. But for many of us, handling taxes for an estate or trust
Skip to content Home • Podcast • Will Your Taxes Go Up? Best- and Worst-case Scenarios for Tax Reform in 2025 January 22, 2025By: Daniel Bunn, Erica York, Kyle Hulehan, Dan Carvajal What will the future of taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or
Arkansas Remote Work Tax Reform Modernization Skip to content Home • Blog • Enhancing Arkansas’s Safe Harbor for Remote Work Employees: A Step Toward Modernization and Reform Arkansas has improved its state taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs
Trump Tariffs: The Economic Impact of the Trump Trade War Skip to content Home • Research • Research • Trump Tariffs: Tracking the Economic Impact of the Trump Trade War January 23, 2025January 23, 202520 min readBy: Erica York Table of Contents Latest Updates Updated to separate out 25 percent tariffs on Canada and Mexico
Mexico Proposes Best-Designed Alcohol Tax System in the World Skip to content Home • Blog • Mexico Proposes Best-Designed Alcohol Tax System in the World Growing pressure for fiscal reforms in Mexico, paired with global health organizations pushing countries to refine their excise taxes, resulted in a new proposal that would overhaul the way Mexico
Nebraska Property Tax Relief After LB 34 | 2025 Reform Options Skip to content Table of Contents Key Findings Nebraska’s pre-LB 34 efforts to rein in property taxes proved insufficient, with property taxA property tax is primarily levied on immovable property like land and buildings, as well as on tangible personal property that is movable,