IRS to propose rules about new $500 non-child dependent tax credit

The Internal Revenue Service and the Treasury Department published a notice Tuesday saying they intend to issue proposed regulations clarifying who is a qualifying relative for the new $500 credit for dependents and head of household filing status for years in which the exemption amount is zero for tax years 2018 through 2025.


In the blogs: SALT in the wound

China and children; memories of McCain; building a practice’s brand; and other highlights from our favorite tax bloggers.


As APAC’s boom continues, are businesses ready for expansion?

U.S. businesses face great risk in expansion to APAC without securing local knowledge and expertise to help comply with the region’s complex tax and compliance regulatory framework.


Strip out Trump tax cut and S&P 500 profits are still surging

Make no mistake, even without the juice the profit picture would look better than it has in years.


Delaware governor signs law regulating tax preparers

The Taxpayer Protection Act requires tax preparers to use their PTIN to file a state return and it will be used to stop bad preparers.


Corporate America is on a roll with best profit gain since 2014, thanks to tax cuts

Bullish, for now. That’s the takeaway from second-quarter earnings.


Mueller Prost launches 'BeSEEN' initiative for female leadership

The Top 100 firm will focus on education, networking programs, and coaching to foster a more inclusive culture.


Hold everything: What clients know about new withholdings rules

Preparers are offering warnings and education, but few are listening.


IRS changes CAP program for large corporate taxpayers

The Internal Revenue Service is making some adjustments to its Compliance Assurance Process, a program aimed at large corporate taxpayers that involves cooperating with the IRS before any audits.


IRS guidance on executive comp still leaves questions unanswered

The Internal Revenue Service’s initial guidance on the executive compensation deduction won’t settle all of the lingering questions.