Confirmation hearings took a dramatic turn this week with the historic rebuke of Senator Elizabeth Warren (D-MA) from Senate Majority Leader Mitch McConnell (R-KY) during the confirmation hearing for Senator Jeff Sessions (R-AL) for Attorney General.
Read MoreDay: February 9, 2017
Numbers From IRS, Intuit Suggest A Slow Start To Tax Season
While some taxpayers are frustrated with the slow pace of tax refunds, largely driven by a new law, others have apparently decided that the rush for refunds isn’t worth their trouble. This year, tax season appears to be off to a slower start than normal.
Read MoreGuest Post: Taxing Super Bowl MVP Tom Brady
Having orchestrated the largest comeback in Super Bowl history and perhaps cementing his legacy as the greatest of all time, it is safe to assume that Tom Brady wasn’t thinking of taxes while confetti was fluttering at Super Bowl LI.
Read More
Node40 CEO: Form 1099-B Won’t Work For All Virtual Currency
New reporting requirements for virtual currency feels like a good idea but not everyone is on board with requiring virtual currency companies to issue a form 1099-B. Perry Woodin, the CEO of Node40, a blockchain governance company, believes the result would be a deeply flawed system.
Read More