Tax & Accounting Blog
Tax & Accounting Blog
Guiding clients on U.S. residency status – the distinction between resident alien and nonresident alien – is crucial for determining tax liability. Resident aliens are…
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Wolters Kluwer Tax & Accounting reviews IRS steps to encourage reporting of virtual currency transactions The Internal Revenue Service (IRS) considers virtual currencies such as…
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The IRS has released additional guidance in relation to virtual currency and cryptocurrency legislation. Few clients have experience in this area, especially in terms of…
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In June of 2019, the IRS issued rules that allow health reimbursement arrangements (HRAs) to be included with individual health insurance coverage if certain conditions…
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Annual event aims to help tax and accounting firms achieve peak performance Wolters Kluwer Tax & Accounting today kicked off its 15th annual CCH Connections…
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Wolters Kluwer Tax & Accounting looks at rules for income inclusion and expense deduction Taxpayers are often advised to use year-end tax planning to help…
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IRS finalized a proposed revenue procedure that was issued earlier in 2019 that provides safe harbor for rental real estate businesses to be treated as…
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Wolters Kluwer Tax & Accounting explores the many issues with utilizing QOZs The Tax Cuts and Jobs Act (TCJA) created a new provision in the…
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Traditional accounting firms that rely on legacy platforms and workflows will soon be struggling to differentiate themselves in a world where commodified DIY tax software…
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Wolters Kluwer offers quick, go-to guidance on latest figures An early glimpse of the income tax picture for 2020, as projected under current tax law,…
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