Tax Preparation and Planning Archives - Page 3 of 5

Trump picks Ken Kies for key tax policy job at Treasury Department ahead of tax cuts push

Introduction Former President Donald Trump appointed Ken Kies to a significant tax policy position at the Treasury Department. Kies, a respected authority in tax policy, was chosen during a critical period when the administration focused on implementing major tax

Grant Thornton US and GT Ireland complete merger

Introduction In a significant move within the professional services sector, Grant Thornton US and Grant Thornton Ireland have completed their long-anticipated merger, combining their strengths to better serve their clients globally. The merger marks a milestone in the growth

Unlocking the Benefits of a Cloud-based Third-Party Tax Engine

Introduction In today’s business world, tax compliance is complex, especially for companies operating in multiple jurisdictions. Traditional tax engines are often slow and error-prone, which can lead to costly penalties. Cloud-based third-party tax engines offer a more efficient solution.

Thomson Reuters acquires SafeSend | Accounting Today

Introduction Thomson Reuters, a global leader in tax and accounting software solutions, has announced its acquisition of SafeSend, a provider of cloud-based solutions for tax professionals. This acquisition is expected to enhance Thomson Reuters’ suite of tools, offering tax

IRS finalizes rules for DeFi crypto digital asset tax reporting

Introduction The Internal Revenue Service (IRS) has finalized regulations for the tax reporting of decentralized finance (DeFi) crypto digital assets. This update clarifies the tax obligations of individuals and businesses involved in DeFi transactions. As the cryptocurrency ecosystem grows,

Unveiling the Brazil Tax Reform Journey

Introduction Brazil’s tax system is complex, burdensome, and inefficient. Over the years, the country has attempted various reforms to tackle these issues. However, political challenges, disagreements, and shifting priorities have slowed progress. Recently, the push for reform has intensified.

DG ETE e-Invoicing Drip Contact Us CP

Introduction In today’s fast-evolving business landscape, e-invoicing has become an essential tool for streamlining financial processes. DG ETE (Digital Government e-Transactions and Services) offers an e-Invoicing system designed to simplify invoicing for businesses. To ensure smooth operations and effective

Appeals court reinstates injunction on CTA beneficial ownership information reporting

Introduction In a major legal decision, an appeals court has reinstated an injunction halting the implementation of the Corporate Transparency Act (CTA) requirements. These rules would have required certain businesses to report their beneficial ownership information to the Financial

AI leaders on: 2025 and AI regulation

Introduction As we approach 2025, the rapid advancements in artificial intelligence (AI) are raising important questions about its impact on industries, economies, and societies. With AI becoming increasingly integrated into everyday life, regulation has become a priority for governments,

Your guide to indirect tax.

Introduction Indirect taxes are an essential part of the tax system in many countries, affecting both businesses and consumers. Unlike direct taxes, which are levied on income or wealth, indirect taxes are applied to goods and services. These taxes

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