Tax Policy - Unequal Tax Treatment Is Contributing to Rising Debt Levels for Entrepreneurs A recent paper by Mohsen Mohaghegh of Ohio State University discusses two main trends related to U.S. entrepreneurs: the decrease in the number of entrepreneurs and the increase...

Tax Policy - From the EU Digital Services Tax Debate—to the OECD? The proposal from the European Commission to tax revenues from some digital services at 3 percent has taken on a new form following the lack of agreement among EU member states. The original proposal,...

Tax Policy - The Arkansas Tax Task Force Concludes its Work The Arkansas Tax Reform and Relief legislative task force concluded its work today after 18 months of study, research, and analysis of the state’s tax code. The task force was charged with modernizing the...

IRS Tax News - IRS explains disallowance of qualified transportation fringe benefits for parking The IRS issued guidance outlining how to determine the amount of parking expense that is nondeductible under Sec. 274(a)(4) when employers provide parking for their...

Tax Policy - Wireless Taxes and Fees Climb Again in 2018 Key Findings A typical American household with four wireless phones paying $100 per month for taxable wireless service can expect to pay about $229 per year in wireless taxes, fees, and surcharges—up from $221...

Tax Policy - Updated Proposal for Year-End Tax Bill After two weeks of negotiations, House Ways and Means Chairman Kevin Brady (R-TX) has updated his proposal for a year-end tax bill. The updated bill removes the section that extended many tax provisions, as well as a...