My spouse and I were lucky as parents. In 2005, I brought our infant daughter to work right after maternity leave, and she was my officemate until she could crawl into the hallway. A colleague did the same with her son the following year. Our employer, a small company with fewer than 25 employees, was … Read more
Nearly 75% of cannabis businesses operate at a loss, and many in the industry point to a feature of the Internal Revenue Code as the reason why.Listen here and subscribe to Talking Tax on Apple Podcasts, Spotify, Megaphone, or Audible.Cannabis companies are prohibited from deducting ordinary business expenses—like rent or payroll—from their federal taxes as … Read more
Listen to the article 6 min feedback. Corporate tax managers have had to negotiate their way through heightened turbulence ever since the Trump-led tax cuts and the Jobs Act became law in 2017. Today’s hot-button issue is the ongoing Organisation for Economic Co-operation and Development (OECD)-led global effort to impose a minimum 15% tax on … Read more
Abstract This paper offers a comprehensive analysis of Spain’s corporate tax system through the lens of the Laffer curve and Buoyancy index, assessing its efficiency in generating revenue. The study finds that Spain is nearing the Laffer curve’s optimal tax rate, beyond which tax revenue may decrease with rate hikes. The Buoyancy index reveals a … Read more
Here’s how business executives and donors are evaluating Gov. Tim Walz of Minnesota, especially on taxes, labor unions, energy policy and more. Gov. Tim Walz of Minnesota has supported a progressive tax policy in his home state, and has won the support of prominent union officials.Erin Schaff/The New York Times Where Harris’s running mate stands … Read more
After 18 months of non-stop hype and rapid-fire launches of new, easily accessible consumer-facing tools, it may seem like everyone is experimenting with generative artificial intelligence (GenAI). In fact, according to the new Thomson Reuters Future of Professionals Report, almost two-thirds (63%) of professionals working in the legal, tax, and risk & compliance sectors say … Read more
Palm Beach PostShow Caption Hide Caption West Palm Beach downtown office towers, real estate developmentNew office towers in downtown West Palm Beach, or already completed ones, such as 360 Rosemary, have lured about 100 firms since 2019 to Palm Beach County.Greg Lovett, Palm Beach PostPalm Beach County voters face a local ballot question that will … Read more
This is a guest column from Matt Silasiri, the Marketing & Business Development Manager at Sunbelt Business Advisors.President Biden bowed out of the 2024 Presidential race. But the clock is still ticking on the Trump-era tax cuts. And President Biden’s proposed budget, including substantial tax increases, is still in play.Business owners who are considering a business exit in the … Read more
Tim Walz Tax Policies: Details & Analysis Skip to content Home • Blog • Gov. Tim Walz Raised Taxes as Most Governors Cut Them Most states have cut taxes at least once since 2021, with a renewed emphasis on taxA tax is a mandatory payment or charge collected by local, state, and national governments from … Read more
Minnesota Gov. Tim Walz isn’t generally regarded as a tax policy guy, but tax analysts and lawmakers say Vice President Kamala Harris’s new running mate has supervised the most dramatic shift toward progressive tax policy of any state in the country.While more than two dozen governors slashed individual and corporate taxes during the post-Covid period, … Read more