Taxing Carbon At The Border
Tax Notes chief correspondent Amanda Athanasiou discusses the growing global popularity of carbon border adjustment mechanisms, the EU’s new regime, and how border adjustments can be used to support carbon…
Editor's Pick
Despite Deficit Handwringing, Congress Proposes More Spending And Tax Cuts
Want to know why the budget deficit is enormous and growing? One reason is that when one political party in…
The (Foreign) Gift That Keeps On Giving – IRS Penalties
Gifting sounds nice in theory, but it can be complicated in practice, particularly when it comes to transfers by or…
IRS Doesn’t Need The Blocked Income Tax Regulations In Coca-Cola
The Tax Court’s new opinion deciding the blocked income question raised in Coca-Cola v. Commissioner, T.C. Memo. 2023-135, suggests that…
Most Married Couples File Taxes Jointly With IRS, But Should You?
Approximately 95% of married couples file joint tax returns. There is a strong knee-jerk reaction to file jointly, and tax…
Year-End Tax Trouble—And How To Avoid It
Some mutual funds inflict great damage on your 1040. Defend yourself. By William Baldwin, Senior Contributor Winter: the season in…
Alert Issued To Financial Institutions Related To ERC Fraud Schemes
The Financial Crimes Enforcement Network—more commonly known as FinCEN—in close coordination with the Internal Revenue Service Criminal Investigation—sometimes referred to…
12 Days Of Christmas Are More Expensive In 2023, Mirroring The Economy
For 40 years, PNC has calculated the prices of the 12 gifts from the classic holiday song, "The Twelve Days…
Beyond Productivity: The AI Outlook For Tax, Legal And Risk Professionals
It’s been just one year since generative AI (GenAI) mania hijacked the news cycle and set in motion a tidal…
It’s Benefits Season. Can You Use Your HSA Or FSA For Alternative Medicine?
’Tis the season—benefits season, that is. The few weeks from mid-November to mid-December tend to mark benefits season for the…
Moores Lean On 1916 Tax Expert To Argue No Realization Means No Income
“Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct…
Senate Passes Stop-Gap Spending Bill, Keeps The Lights On Through January
The Senate has passed a stop-gap funding bill to avert a government shutdown before the deadline. The bill is identical…
How Working From Home Helped Push WeWork Into Bankruptcy
WeWork’s collapse shows how working from home is changing commercial real estate and compounding the sector’s economic challenges. Once hailed…