by chrabik | Jul 28, 2026 | Uncategorized
On July 1, 2026, the IRS quietly removed its Delinquent FBAR Submission Procedures webpage with no formal announcement explaining the change. This program let taxpayers file late Foreign Bank Account Reports (FBARs) without penalty, as long as they’d already...
by chrabik | Jul 21, 2026 | Uncategorized
Introduced by Sens. Chuck Schumer (D-NY), Ron Wyden (D-OR), and Michael Bennet (D-CO), The Taxing Buybacks from Big Oil Windfalls Act would raise the stock buyback excise tax from 1 percent to 25 percent for large oil and gas companies. Read More
by chrabik | Jul 19, 2026 | Uncategorized
The five states with the highest average combined state and local sales tax rates are Louisiana (10.13 percent), Tennessee (9.61 percent), Washington (9.57 percent), Arkansas (9.48 percent), and Alabama (9.46 percent).Read More
by chrabik | Jul 16, 2026 | Uncategorized
If you’re a US person who owns a Foreign Disregarded Entity (FDE) or operates a foreign branch, think a foreign LLC or sole proprietorship treated as disregarded for US tax purposes, there’s a good chance the IRS wants to hear about it. There’s no...
by chrabik | Jul 15, 2026 | Uncategorized
Join us on Wednesday, July 29 for an informational webinar exploring the challenges posed by recent company tax disclosures, including their history, connection to the tax policy debate, and the weaknesses of the data.Read More
