The world seems to be finally recovering as we come out of the pandemic. The global economy has rebounded and the global GDP is projected
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Making Sense of the Child Tax Credit in 2022
Over the past year, there have been significant changes to the child tax credit. So what exactly do taxpayers need to know about the differences
Read MoreMaking Sense of Tax Season in 2022
The pandemic has brought on many changes in the last few years, and these changes have impacted the tax season in 2022. What challenges and
Read MoreWhat Taxpayers Need to Know About Tax Prep
With tax season starting, many taxpayers are considering the best ways to file their returns and prepare their tax documents. But, with so many methods
Read MoreImpacts on the Tax Profession in 2022
It comes as no surprise that recent events have had significant effects on the economy and businesses as a result. But with inflation causing soaring
Read MoreThe OECD Global Minimum Tax Deal: What to Expect
The Organization for Economic Cooperation and Development (OECD) recently released details and proposed legislation on its global minimum tax plan. However, questions still linger regarding
Read MoreNavigating the Ever-Changing World of Sales Tax in 2022
In the world of taxes, change is to be expected. This is especially true when it comes to sales tax. Since the pandemic, there have
Read MoreIRS Service Problems, Funding, and Returning to “Normal”
While many may have complained about long call wait times and difficulty seeking IRS help in the past, the pandemic has exacerbated service problems such
Read MoreFighting Financial Crime with More Transparency after Panama Papers Drama
In response to the Panama Papers scandal, the EU agreed to regulations mandating the publication of beneficial ownership registries. It should follow, then, that the
Read MoreSin Tax Scandal? The Hidden Underbelly of these Buzzy Excise Taxes
We all think we understand sin taxes, but do we really? Sin taxes are typically excise taxes that target behaviors that we want to discourage.
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