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September 14, 2022
An online portal helps local governments with remote sales tax collection, remittance and enforcement.
September 13, 2022
The highest inflation rate in decades is likely to produce major increases on some tax items, according to predictions from Bloomberg Tax.
September 12, 2022
The Bureau of Internal Revenue (BIR) has extended the prescriptive period of all pending assessment and collection cases to provide taxpayers relief in settling tax debts and more time for revenue officers in finishing the audit. Revenue Deputy Commissioner for Operations Romeo D. Lumague, Jr. sai
September 12, 2022
In addition to grappling with the challenge of marketing a substance that is still illegal at the federal level—but permitted for medical use in 37 states and the District of Columbia and for adult use in 19 states...
September 12, 2022
A look inside some of the green energy and energy-efficiency provisions of the new legislation, and what they'll mean going forward.
September 11, 2022
Clearly, the single most important challenge for the Obama administration and the new Congress is to revive our ailing economy. Our arcane tax code, apparently too complex even for two of the government's most important tax officials - House Ways and Means Committee Chairman Charles Rangel and Treasury Secretary-Designate Timothy Geithner - should be the primary target of all that pent-up legislative energy on Capitol Hill. Now's the ideal time to comprehensively reform our tax system.
September 7, 2022
The next time Republicans control all three branches of government they may wish to visit an old idea: the flat tax. When magazine publisher and Republican Steve Forbes ran for president in 1996, the flat tax was at the heart of his campaign.
September 7, 2022
The agency issued billions of dollars in tax refunds to companies claiming net operating losses for prior years after passage of the CARES Act, but did little to examine the claims.
September 6, 2022
As you probably already know, betting is legal in Romania, and this explains the large number of bookmakers operating in our country. Both the betting activity