Tax & Accounting News

The Weekly (Tax)Buzz - October 5th, 2022

The Weekly (Tax)Buzz - October 5th, 2022

The Weekly (Tax)Buzz - October 5th, 2022

If you feel like the news is tough to keep up with these days, you aren’t alone. Every week, we publish a curated list of some of the top articles in tax and finance. Tune in every Wednesday to read the latest thought leadership pieces from our favorite bloggers, US tax proposals, tax crime stories, and much more.

The (Tax)Buzz this week: EV Tax, energy firms, tax tips, endowment tax, and more.

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Wall Street Journal: U.S. electric-vehicle tax breaks rile with Asian and European allies.

CNBC: UK government abolishes plan to cut tax on high earners in major U-turn.

Forbes: Here are 14 tax-planning strategies to cut your business taxes.

CNBC: This ‘wild card’ strategy offers retirees a fix for unpaid quarterly taxes. Here’s how to use it. 

The Street: This guide covers how to calculate taxable social security benefits.

Bloomberg: Shell CEO says governments need to tax energy firms to help the poor.

Wall Street Journal: Endowment tax on wealthiest universities netted a fraction of predictions in 2021. 

Forbes: Congress failed to raise taxes on millionaires, now states are trying.

Bonus content: 

  • The 2022 Virtual Tax Update & Planning Conference  is now available! In this 8-hour workshop, we explore almost 200 different tax planning strategies. You will not find another seminar that provides you with as much practical and useful information!
  • The Big Book of Taxes 365, our 1250+ page online tax research library, has been updated with all the latest information on the American Rescue Plan. Annual access costs only $95! Purchase yours here.
  • 19 Free White Paper Downloads – With the constant changes in legislation and rules governing our industry, it can be hard to keep up. That’s why the tax experts at TaxCPE / CountingWorks Learning Center put together 19 free white papers on the most important tax issues during COVID-19.

Did we miss a great article this week? Let us know in the comments below!

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TaxBuzz Staff

TaxBuzz Staff

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