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Under the dreaded Kiddie Tax rules, part of a young person’s investment income can be taxed at the federal rates for trusts and estates, which can quickly rise to 37 percent or 20 percent for long-term capital gains and dividends....

source: MarketWatch

Small shareholders of U.S. partnerships with overseas interests could get smacked with the 2017 tax overhaul’s levy on global intangible low-taxed income, a development creating a slew of unexpected complexities, particularly for...

source: Bloomberg BNA

A bipartisan group of lawmakers in the House has introduced legislation to clarify interstate sales tax collection requirements in the wake of the Supreme Court’s decision in South Dakota v. Wayfair. In June, the Supreme Court...

source: Accounting Today

As written by attorney Julian Block, "Many of my clients are active stock traders. Some have reaped enormous profits on their investments."

source: AccountingWEB

The Offshore Voluntary Disclosure Program (OVDP), a program the IRS started to give amnesty to American taxpayers who had previously unreported overseas accounts, will end Sept. 28. Since the OVDP’s initial launch in 2009,...

source: CPA Practice Advisor

Oct. 4: House Planning Post-TCJA Presented by: Martin M. Shenkman, CPA, MBA, PFS, AEP, JD The 2017 Tax...

source: AAA-CPA

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