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Read more about the article Taxpayer services should get more of that $80 billion, advocate says

Taxpayer services should get more of that $80 billion, advocate says

  • Post author:RTMCPA
  • Post published:March 19, 2023
  • Post category:Taxes
  • Post comments:0 Comments

The IRS should spend more of its $80 billion appropriation over 10 years on taxpayer services and business systems modernization and less on enforcement and operations, National Taxpayer Advocate Erin…

Continue ReadingTaxpayer services should get more of that $80 billion, advocate says
Read more about the article 2023 Accounting MOVE project launches

2023 Accounting MOVE project launches

  • Post author:RTMCPA
  • Post published:March 18, 2023
  • Post category:Taxes
  • Post comments:0 Comments

Registrations are now open for the 2023 Accounting MOVE Project, with a 2023 focus on career sustainability. The Accounting MOVE Project is an annual survey of accounting and financial firms that…

Continue Reading2023 Accounting MOVE project launches
Read more about the article Chile Tax Reform Recommendations | Tax Foundation

Chile Tax Reform Recommendations | Tax Foundation

  • Post author:RTMCPA
  • Post published:March 17, 2023
  • Post category:Taxes
  • Post comments:0 Comments

Last week, Chile’s lower house of Congress rejected President Gabriel Boric’s ambitious tax reform bill. The proposal fell short of the 78 votes required to pass, with only 73 in…

Continue ReadingChile Tax Reform Recommendations | Tax Foundation
Read more about the article Werfel Takes Charge, States Continue Tax Cut Trend

Werfel Takes Charge, States Continue Tax Cut Trend

  • Post author:RTMCPA
  • Post published:March 16, 2023
  • Post category:Taxes
  • Post comments:0 Comments

It’s official: IRS Commissioner Werfel has been sworn in. On Monday, Daniel Werfel was sworn in as the 50th IRS Commissioner. Werfel served as controller of the Office of Management…

Continue ReadingWerfel Takes Charge, States Continue Tax Cut Trend
Read more about the article Can I Make Spousal IRA Contributions for Retirement?

Can I Make Spousal IRA Contributions for Retirement?

  • Post author:RTMCPA
  • Post published:March 15, 2023
  • Post category:Taxes
  • Post comments:0 Comments

An IRA, or individual retirement account, is a way to build retirement savings if you don’t have a 401k plan offered through work, if you want to diversify your retirement…

Continue ReadingCan I Make Spousal IRA Contributions for Retirement?
Read more about the article How is your firm ensuring pay equity?

How is your firm ensuring pay equity?

  • Post author:RTMCPA
  • Post published:March 14, 2023
  • Post category:Taxes
  • Post comments:0 Comments

March 14 is Equal Pay Day, symbolizing how far into the year women must work to earn what men made in the previous year. Or seen a different way, when…

Continue ReadingHow is your firm ensuring pay equity?
Read more about the article Kansas Senate Tax Changes: Details & Analysis

Kansas Senate Tax Changes: Details & Analysis

  • Post author:RTMCPA
  • Post published:March 13, 2023
  • Post category:Taxes
  • Post comments:0 Comments

Kansas legislators are considering several tax policy changes this legislative session, and the Senate got the ball rolling on February 23rd by passing a series of bills that make senators’…

Continue ReadingKansas Senate Tax Changes: Details & Analysis
Read more about the article Stock Buyback Excise Taxes: What We Know And Don’t Know

Stock Buyback Excise Taxes: What We Know And Don’t Know

  • Post author:RTMCPA
  • Post published:March 12, 2023
  • Post category:Taxes
  • Post comments:0 Comments

Companies now spend more than a $1 trillion annually to repurchase their stock, in lieu of paying higher dividends to their shareholders, or investing more in their workers, factories, or…

Continue ReadingStock Buyback Excise Taxes: What We Know And Don’t Know
Read more about the article Life Events Series: How Will Buying My First House Help My Taxes?

Life Events Series: How Will Buying My First House Help My Taxes?

  • Post author:RTMCPA
  • Post published:March 11, 2023
  • Post category:Taxes
  • Post comments:0 Comments

A great milestone of your financial life is the purchase of your first home. While less exciting, the tax implications of that achievement are no less critical. After all, home…

Continue ReadingLife Events Series: How Will Buying My First House Help My Taxes?
Read more about the article Senate approves Danny Werfel as IRS commissioner

Senate approves Danny Werfel as IRS commissioner

  • Post author:RTMCPA
  • Post published:March 10, 2023
  • Post category:Taxes
  • Post comments:0 Comments

The Senate voted 54–42 on Thursday to approve Danny Werfel as the new IRS commissioner. Werfel, a former acting IRS commissioner who has served under both Democratic and Republican administrations,…

Continue ReadingSenate approves Danny Werfel as IRS commissioner
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