Filing taxes can be complex, with different rules and requirements for American citizens living outside the United States. What do American citizens living abroad need to know about US taxes? On today’s episode of the Taxgirl podcast, Kelly is joined by Nathalie Goldstein to talk about taxes for Americans living outside the United States. Nathalie…
In the world of taxes, change is to be expected. This is especially true for sales tax. Since the pandemic, laws and regulations have changed significantly, and sales tax rules are no exception. What significant sales tax changes have occurred due to COVID-19, and how are business owners and tax practitioners supposed to keep up…
In response to the Panama Papers scandal, the EU agreed to regulations mandating the publication of beneficial ownership registries. It follows, then, that the more information is available about individuals and corporate identities, the easier it is for financial and related entities to support legitimate businesses. Daniel Wager argues that increased transparency would help improve…
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. Common examples include taxes on booze, sugar, and cigarettes. Do we legalize certain activities and substances just so we can tax them? What’s the intention behind sin taxes, and are…
Almost 1.5 million fewer moms of school-age children were working in March 2021 than in February 2020. The pandemic has certainly taken its toll on working parents. Kelly loves all things tax. She’s an attorney, and she’s a mom. She strongly believes it’s important for her kids to see her working and to know that…
When you hear the words “company culture,” what comes to mind? Workplace culture is a hot issue these days, especially as it relates to jobs and the so-called “Great Resignation.” What do employees really want: freedom, tangible perks, a more inviting company culture? CEO and Entrepreneur Jay Steinfeld shares his story of success and expertise…
The recent agreement on a global minimum tax and other changes to tax rules worldwide have called into question the future of tax competition. Each year, The Tax Foundation puts out its International Tax Competitiveness Index. The Index measures the extent to which a country’s tax system adheres to key aspects of tax policy. Among…
Big Four accounting firm PwC made waves earlier this year by introducing a “work anywhere” policy for its 55,000 US employees, allowing them to choose an all-virtual work option. The policy is intended to help PwC attract new talent and retain top talent in a competitive market. The tax profession isn’t always leading the charge…
In April, Kelly announced the first Bloomberg Tax & Accounting Insights student writing competition. The contest sought to highlight the very best of student writing. A panel of judges from the Bloomberg Tax team scored and reviewed every entry, and the winners from schools around the globe represent the best young talent in the tax…
PwC recently announced it’s allowing its 40,000 client-facing employees to work remotely from anywhere in the US. Joining companies like Facebook and Allstate, more and more employers are shifting to permanently remote models to attract and retain top talent. But what are the tax and legal implications of additional jurisdictions, employee schedule flexibility, and changes…