Update from Washington: The IRS's next burden

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Update from Washington: The IRS's next burden

The sharing economy was cited as among the issues the Taxpayer Advocate sees as serious, according to Mankowski. “Many small businesses, contractors, and part-time workers are not familiar with record-keeping, estimated payments, and other accounting practices,” he said. “The sharing economy
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Tax reform and 2019 returns

While the majority of taxpayers' returns from the tax season just completed were not affected by the Tax Cuts and Jobs Act, the impact its provisions will be felt for years to come – and right now is a good time start getting ready. With that in mind, the editors of Accounting Today have compiled a selection
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America Can't Afford Ben Carson's Housing Cuts

Access to decent affordable housing underpins the U.S.'s social safety net and economic dynamism. by. Antonio Weiss. More stories by Antonio Weiss. May 1, 2018, 5:00 AM PDT. If you build, they will prosper. Photographer: Robyn Beck/AFP/Getty Images. Last week, Housing and Urban Development
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Pfizer New Drug Sales Show Strength as Investors Wait for M&A

Pfizer Inc.'s newer medicines were the bright spot again last quarter amid sluggish overall sales, buying the drugmaker some time as investors keep the pressure on making a deal and replenishing its pipeline. The New York-based company said Tuesday it still expects to make a decision on its
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Trump's China Tariffs Risk Costing US Jobs, New Study Shows

President Donald Trump says his trade actions may cause “a little pain” in the short term, and a new study shows U.S. agricultural workers could be hurt the most. The tariffs on $50 billion in Chinese imports that Trump has proposed, plus promised retaliatory duties by China, would reduce U.S. gross
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