Yellen talks digital taxes with U.K., Germany in initial calls

U.S. Treasury Secretary Janet Yellen on Wednesday talked with her U.K. and German counterparts about resolving mushrooming disputes over the taxation of internet giants such as Facebook Inc., highlighting the issue as a priority in her initial bilateral calls.

Yellen talks digital taxes with U.K., Germany in initial calls


Outlook for 2021 taxes is full of uncertainties

The year ahead will be full of tax uncertainties in the U.S. and internationally, ranging from digital taxes and carbon taxes to possible tax hikes under the Biden administration.

Outlook for 2021 taxes is full of uncertainties


SBA aims to expedite PPP loans despite fraud risks

The U.S. Small Business Administration is pledging to improve the loan review process, even as it pursues a record number of fraud complaints.

SBA aims to expedite PPP loans despite fraud risks


KPMG unveils sustainability-focused 'Impact Plan'

“Our Impact Plan” will merge all of KPMG’s environmental, social and governance goals into one, unified initiative.

KPMG unveils sustainability-focused 'Impact Plan'


Would you rather be at the dinner table or on the dinner menu?

Eventually, your firm will get disrupted by dying or merging up.

Would you rather be at the dinner table or on the dinner menu?


IRS creates chief taxpayer experience officer position

Wage and Investment Division head Ken Corbin will take on the role in addition to his current job.

IRS creates chief taxpayer experience officer position


Second hedge-fund trader named in $1.6B Cum-Ex case

A second hedge-fund trader was named by Danish prosecutors as a defendant in a dividend tax scheme they say defrauded the Nordic country out of 9.6 billion kroner ($1.6 billion).

Second hedge-fund trader named in .6B Cum-Ex case


Schumer says Democrats may advance stimulus bill without Republicans

Senate Majority Leader Chuck Schumer said he’s ready to start moving on a Democrat-only COVID-19 relief plan as soon as next week if Republicans continue to reject President Joe Biden’s $1.9 trillion proposal.

Schumer says Democrats may advance stimulus bill without Republicans


Intuit aims to keep innovation accountant-focused

Ted Callahan believes the importance of Intuit’s partnership with accountants has never been greater.

Intuit aims to keep innovation accountant-focused


Tax pros face complex planning questions from pandemic

Tax professionals are starting to hear questions from their clients ahead of the official start of tax season about a variety of issues related to COVID-19.

Tax pros face complex planning questions from pandemic