Did West Virginia Just Kill Global Tax Reform?

UNITED STATES – MAY 26: Sen. Joe Manchin, DW.Va., attends the Senate Armed Services Committee … [+] hearing on the reappointment of Army Gen. Christopher G. Cavoli to the grade of general and to be Commander, United States European Command and Supreme Allied Commander, Europe, in Dirksen Building on Thursday, May 26, 2022. (Tom Williams/CQ-Roll … Read more

Joe Manchin Pulled The Plug On Biden’s Tax Increases. What Happens Next?

WASHINGTON, DC – MAY 10: Sen. Joe Manchin (D-WV) walks through a hallway in a Senate Office Building … [+] (Kent Nishimura / Los Angeles Times via Getty Images) Los Angeles Times via Getty Images Conservative Democrat Joe Manchin (D-WV) may have effectively sealed the fate of President Biden’s tax agenda when he said he … Read more

Reading The Tea Leaves On Retirement Savings Tax Legislation

Hand putting Coins in glass jar with retro alarm clock for time to money saving for retirement … [+] concept getty Last year marked the centennial of the inclusion of tax incentives for employer-sponsored retirement plans in the code. For the 101st anniversary, passage large retirement savings tax legislations the system is looking for more … Read more

What Do The Political Parties Think About A Gas Tax Holiday? It Depends On Who Proposes It.

NEW YORK, NEW YORK – JUNE 01: Effective starting today, New York is suspending its gas tax for the … [+] rest of the year. (Photo by Spencer Platt/Getty Images) Getty Images Looking for a case study of our hyper-partisan politics? No need to search any further than your local gas pump. The ongoing debate … Read more

Tax Information Reporting On Digital Assets Steps Into The Spotlight

Digital generated image of purple circular helium balloon with bitcoin sign on it exploding against … [+] gray background visualizing stock market crash. getty The looming prospect of compliance with the reporting requirements in section 6050I has been a problem for the digital asset industry since the passage of the Infrastructure Investment and Jobs Act … Read more