Tax Notes contributing editors Robert Goulder and Joseph J. Thorndike examine the looming debt ceiling crisis and its likely effect on the IRS’s budget, all in five minutes.

Accounting Today

24.05.2023

IRS to resume sending balance due notices | Accounting Today

The service had paused the notices last year while it tried to catch up on its backlog of unprocessed tax returns.

MarketWatch

25.05.2023

Burlington Stores stock falls after profit and revenue miss, as lower tax refunds and cooler weather weigh on sales - MarketWatch

Shares of Burlington Stores Inc. dropped 1.8% in premarket trading Thursday, after the discount apparel retailer reported fiscal first-quarter profit and...

Forbes

25.05.2023

Private Businesses Reach Their Tipping Point Over Increased Tax Bills

Though no major tax legislation has recently been passed, federal income tax payments are skyrocketing.

Accounting Today

25.05.2023

Biden pressed to limit hydrogen tax credits key to new industry | Accounting Today

Some Senate Democrats are pushing the Biden administration to impose tough limits on hydrogen tax credits they say will ensure the fuel lives up to its climate-fighting potential.

Accounting Today

26.05.2023

Tax Fraud Blotter: General mischief | Accounting Today

Grains of truth; books by their covers; skin game; and other highlights of recent tax cases.

Forbes

26.05.2023

Midyear IRA Planning Opportunities To Consider

Don't wait until near the end of the year to look for ways to reduce taxes. Consider these IRA strategies now.

Accounting Today

26.05.2023

Republicans introduce bill to deter OECD global tax reforms | Accounting Today

House Republicans introduced legislation Thursday aiming to prevent the U.S. from participating in the multinational tax changes the Biden administration helped negotiate with the Organization for Economic Cooperation and Development.

Seeking Alpha

27.05.2023

Quick Thoughts: The Tapestry Of Debt And What We Need To Do To Unravel It | Seeking Alpha

The large increase in deficits is associated with the GFC and pandemic shocks, due to both rising expenditures and falling tax revenues.

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Discover Latest #Tax News, Articles and Videos with Contenting

Debt-limit talks stall as time runs short to avert U.S. default | Accounting Today

Dealer’s Choice: The Debt Ceiling’s Tax Fallout

IRS to resume sending balance due notices | Accounting Today

Burlington Stores stock falls after profit and revenue miss, as lower tax refunds and cooler weather weigh on sales - MarketWatch

Private Businesses Reach Their Tipping Point Over Increased Tax Bills

Biden pressed to limit hydrogen tax credits key to new industry | Accounting Today

Tax Fraud Blotter: General mischief | Accounting Today

Midyear IRA Planning Opportunities To Consider

Republicans introduce bill to deter OECD global tax reforms | Accounting Today

Quick Thoughts: The Tapestry Of Debt And What We Need To Do To Unravel It | Seeking Alpha

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