🕊️ A federal proposal could dramatically reshape the way states tax out-of-state businesses. Here’s what you need to know. 🏛️ What’s Happening? Last week, the House Judiciary Committee advanced a provision in the federal reconciliation bill that would dramatically broaden
A new global survey of corporate tax leaders reveals what’s keeping them up at night—and what’s on the horizon for international tax policy. Deloitte’s 2025 Global Tax Survey, featuring insights from over 1,100 senior finance and tax professionals across 28
👩⚖️Case at a Glance 📅 Issued: April 9, 2025👩 Petitioner: Melissa Correll🏛️ Court: U.S. Tax Court, Judge Siegel📂 Code Sections: 152, 151, 24📘 Tax Year in Dispute: 2021⚖️ Decision: For the IRS (Commissioner) 🧵 The Story Melissa Correll, a Florida
Donating high-value property to charity without proper appraisal documentation could cost you the deduction Your generosity in donating property to charity can yield tax benefits, but it’s crucial to understand that the IRS has specific requirements. A key element for