The 2018 Bipartisan Budget Act’s retroactive provisions and the current filing season
The Bipartisan Budget Act of 2018 (BBA), which was enacted after IRS issued final versions of 2017 tax forms, made …
FBARs due Apr. 17, 2018, but filers who miss deadline get automatic 6-month extension
The Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, has posted a clarification to its website regarding …
Thomson Reuters Checkpoint Special Study: Tax “extender” provisions in the Bipartisan Budget Act of 2018
On February 9, Congress passed, and the President signed into law, H.R. 1892, the “Bipartisan Budget Act of 2018” (the …
IRS sets out Form W-4 rules that reflect Tax Cuts and Jobs Act
In a Notice, in light of changes made by the recently enacted Tax Cuts and Jobs Act (TCJA; P.L. 115-97, …
IRS issues 2018 withholding tables that reflect Tax Cuts and Jobs Act
IRS has issued new income tax withholding tables for 2018 that reflect changes made by the Tax Cuts and Jobs …
IRS issues 2018 wage levy exemption table, but it doesn’t reflect new law
IRS has issued IRS Publication 1494, Table for Figuring Amount Exempt from Levy on Wages, Salary or Other Income, for …
What’s new for 2018: Game-changing tax overhaul in place for individuals—Part I
The new tax year is a true game-changer for taxpayers and their advisers, as many fundamental, decades-old tax rules have …
Potential Impacts of Federal Tax Reform on State Taxation
B Sarah Horn, J.D. On December 22, 2017, President Donald Trump signed into law P.L. 115-97, also known as the …
Thomson Reuters ONESOURCE Indirect Tax Integration Achieves SAP-Certified Integration with SAP S/4HANA®
Thomson Reuters has announced that Thomson Reuters ONESOURCE Indirect Tax Integration has achieved SAP certification as integrated with SAP S/4HANA®. …
2017 Tax Reform: Checkpoint Special Study on Individual Tax Changes in the “Tax Cuts and Jobs Act”
On December 22, President Trump signed into law H.R. 1, the “Tax Cuts and Jobs Act,” a sweeping tax reform …