Tax

Senate passes tax reform bill

In the early hours of Saturday morning, the U.S. Senate passed its version of the Tax Cuts and Jobs Act bill by a vote of 51–49.

Line items

LB&I taxpayers can base R&D credit expenses on financial statements ... IRS proposes allowing partial SSNs on W-2s ... IRS to again rule on general tax consequences of tax-free transactions

Tax compliance after M&As

Companies can follow these steps to make sure an M&A transaction complies with all tax requirements.

Details of tax reform legislation revealed

The Tax Cuts and Jobs Act released by the House Ways and Means Committee incorporates many of the provisions listed in the Republicans’ September tax reform framework while providing new details.

SPONSORED REPORT

This report details how to establish and maintain employee trust, why expenses can cause unnecessary disengagement, and how to communicate clear, concise T&E guidelines.

QUIZ

Catch these sneaky sound-alike words in your writing

Even professionals who write every day can use the wrong sound-alike word. Refresh your knowledge of common homophones by choosing the right word for these seven sentences.