It’s time to have a conversation about audits, specifically the Internal Revenue Service employment tax audit and the Small Business Administration PPP loan forgiveness audit. Regardless of what industry or sector includes your organization, the COVID-19 pandemic forced all employers, big and small, to deal with new employment issues. Fortunately,… Read more »
A few months after COVID-19 closed Internal Revenue Service buildings and employees were sent home to work remotely, the reality of a backlog of pending matters led IRS Appeals to awaken and move forward again. Appeals officers, Exam teams, and taxpayer representatives tentatively began holding Appeals conferences and meetings using…
Brian Kaufman is very familiar with the aphorism, “like father, like son.” Kaufman’s father was a tax accountant for thirty-five years at Arthur Andersen. Because of that, Kaufman says, he had absolutely no desire to go into tax. “It seemed so boring and esoteric. I was really set on being… Read more »
Welcome to the latest installment of Advocacy Agenda, a periodic column that aims to share select insights and observations of interest to TEI members about the tax policy advocacy environment in Washington, D.C. Over the past three years, the historic tax reforms enacted in Public Law 115-97, colloquially known as… Read more »
The world is getting smaller and more complex. National economies are more integrated globally, but national deficits and the need for tax revenues are driving unilateral measures. The original objective of the base erosion and profit shifting (BEPS) project has been described as ensuring that profits are taxed where economic…
Agnieszka (Ag) Samoc likes puzzles. And for Samoc, practicing tax is a lot like solving puzzles. Her education gave her the requisite tools, such as legal analysis methods and quantitative abilities through accounting, that enabled her to solve tax puzzles effectively. “And then, right when I was graduating college in… Read more »
Every country’s tax code is unique, but how do experts define and rank competitiveness around the globe? Each year, the Tax Foundation pulls together its evaluation of how countries in the Organisation for Economic Co-operation and Development structure their tax systems, titled the International Tax Competitiveness Index (ITCI). The index… Read more »
TEI’s standing committees continue their excellent advocacy work across the globe. Copies of TEI’s submissions can be found at www.tei.org/advocacy. To get involved in TEI’s advocacy efforts, please reach out to our committee chairs or any member of TEI’s legal staff. TEI’s Tax Reform Task Force Outlines New Guideposts for… Read more »
As I write this column, I can’t help reflecting on what was happening a year ago at this time. We learned that the COVID-19 virus had triggered a pandemic, we were uncertain of when or how we could resume working in an office or how children could attend schools, and… Read more »
As the Institute starts to see the light at the end of the proverbial pandemic tunnel, we wanted to share some information about what we’ve been doing to help our members and our chapters get through these trying times. In March 2020, we launched the COVID-19 Resource Portal on our… Read more »
