Tax & Accounting News

The Weekly (Tax)Buzz - September 14th, 2022

The Weekly (Tax)Buzz - September 14th, 2022

The Weekly (Tax)Buzz - September 14th, 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: The Queen’s private estate, IRS Refunds, Uber, Inflation, and more.

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Business Insider: King Charles doesn't have to pay inheritance tax on the Queen's private estate worth more than $750 million.

CBS News: IRS to refund 1.6 million people who missed tax filing deadlines during the pandemic.

Business Insider: Uber has agreed to hand over $100 million in back taxes to the state of New Jersey because it classified its drivers as contractors rather than employees.

The Street: Here are the tax benefits of adjusting your withholdings. This piece includes tips and examples. 

Wall Street Journal: Rise in deaths spurs effort to raise alcohol taxes. Read more here. 

Forbes: Plaintiffs in sexual harassment cases are taxed, defendants are not.

AP News: US inflation is still stubbornly high despite August slowdown.

Journal of Accountancy: With Sept. 15 tax filing deadlines looming, some tax practitioners have expressed concerns that they will not be able to meet those deadlines for a variety of reasons related to the global pandemic. Read more here. 

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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