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Tax Blog

Tips to help your prepare for tax season

D.C. Circuit upholds IRS unenrolled tax preparer program

IRS Tax News - D.C. Circuit upholds IRS unenrolled tax preparer program The Court of Appeals for the D.C. Circuit held that the AICPA had standing to challenge the IRS’s Annual Filing Season Program for unenrolled tax preparers but further held that the program did...

Responding to the NYT’s Stock Buybacks Analysis

Tax Policy - Responding to the NYT’s Stock Buybacks Analysis A recent New York Times editorial examines the latest data on stock buybacks as evidence that the Tax Cuts and Jobs Act’s corporate tax rate cut isn’t working as intended. Instead of increasing business...

What Is the Real Value of $100 in Your State?

Tax Policy - What Is the Real Value of 0 in Your State? This map shows the real value of $100 in each state. Prices for the same goods are often much cheaper in states like Missouri or Ohio than they are in states like New York or California. As a result, the same...

Lowering the Corporate Income Tax Rate Benefits Old and New Capital

Tax Policy - Lowering the Corporate Income Tax Rate Benefits Old and New Capital Our new analysis on the impact of cutting the corporate income tax rate explains how the reduction helps increase growth in the long run. But one question I’ve been asked repeatedly today...

State Tax Implications of Federal Tax Reform in Virginia

Tax Policy - State Tax Implications of Federal Tax Reform in Virginia Key Findings The new federal tax law cuts federal taxes for most filers in Virginia, but absent legislative action, many Virginians will experience an unlegislated increase in their state tax...

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