My husband is buying a new car today. He considered buying a new electric vehicle (EV) but ultimately opted not to—another model caught his eye. But increasingly, consumers are opting in—in 2022, more than 750,000 new EVs were registered in the U.S. With a whopping 13.4 million light vehicles sold…

“The I-9 requirement is probably the most overlooked form that really small, trying-to-do-it-themselves employers miss,” says Catherine Madeley, a CPA in Austin, Texas. U.S. Citizenship and Immigration Services released a new version of the I-9 on August 1. Temporary rules for remotely verifying employee identities that were implemented during the…

In mid-July, hundreds of African business leaders descended upon Nairobi to discuss trade and investment across the African continent at the African Union High Level Private Sector Forum. The African Union brought them together to discuss public-private partnerships, and over the course of their three-day summit, one topic ranked highly:…

During the pandemic, taxpayers saw photos from the IRS cafeteria in Austin, Texas, showing racks and racks of paper filling a room not generally used for storage. It was a glimpse of the tens of millions of pieces of paper that require manual processing at the IRS. But, IRS Commissioner…

By any measure, Taylor Swift’s Eras Tour is a success. It’s on tap to become the highest-grossing tour of all time, and a record number of fans—myself included on behalf of my daughters—logged on to Ticketmaster to buy tickets for the tour, resulting in the most tickets ever sold for…

IRS Commissioner Danny Werfel recently appeared at the National Association of Tax Professionals’ annual Taxposium conference via a recorded message. He wanted to thank the audience members for their “service to the nation” and their role in helping make the U.S. tax system work. He then spoke about the IRS…

In June of 2023, Hunter Biden, the son of President Joe Biden, was charged with tax and gun charges as part of a plea deal. This week, new information about the related plea agreement, including documentation, was made available. (You can read my prior coverage here.) Charges Biden had initially…

For months, the IRS has warned taxpayers that the Employee Retention Credit—or ERC—has become a magnet for fraud. Last week, IRS Commissioner Danny Werfel emphasized that the agency had “entered a new phase of increasing scrutiny on dubious submissions.” That focus appears to be paying off—a tax preparer has been…

Manal Corwin, the new director of the OECD’s Centre for Tax Policy and Administration, discusses her vision for the organization and the latest updates on the inclusive framework and two-pillar project. David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This…

Contingent legal fees are customary in personal injury cases. Increasingly, they are the norm in employment lawsuits too. Indeed, the variety of cases in which contingent legal fees are common is still expanding. These days, even large law firms may handle some cases on contingency. So, how about paying your…