Local government taxing districts that include Southlake Mall likely will have to pay millions of dollars in refunds to the mall's owners after a long-running property tax assessment dispute was resolved Wednesday in the mall's favor.

Local government taxing districts that include Southlake Mall likely will have to pay millions of dollars in refunds to the mall's owners after a long-running property tax assessment dispute was resolved Wednesday in the mall's favor.

Sens. Ron Wyden, D-Ore.; Pat Toomey, R-Pa.; and Cynthia Lummis, R-Wyo are drafting an amendment to cryptocurrency language in the infrastructure bill which would clarify who qualifies as a “broker”. The current language was criticized by cryptocurrency industry advocates as overly broad and including entities who do not broker digital assets or have customers whose information needs to be reported to the IRS.

The IRS has made available a new online tool called “Tax Pro Account,” which will help streamline the submission of powers of attorney (POA) for tax practitioners and their clients. The new system is intended to reduce the wait time tax practitioners experience when gaining authorization to represent their clients.

The IRS has made available a new online tool called “Tax Pro Account,” which will help streamline the submission of powers of attorney (POA) for tax practitioners and their clients. The new system is intended to reduce the wait time tax practitioners experience when gaining authorization to represent their clients.

See KPMG’s summary on the Biden Administration’s FY 2022 budget that highlights revenue proposals relevant to the asset management industry. In this booklet, you can find links to KPMG’s full report on the Biden Administration’s budget.

See KPMG’s summary on the Biden Administration’s FY 2022 budget that highlights revenue proposals relevant to the asset management industry. In this booklet, you can find links to KPMG’s full report on the Biden Administration’s budget.

To make recent developments more accessible, KPMG's Washington National Tax –State and Local Tax practice has created a quarterly Technology Checklist that summarizes recent state guidance for topics such as the taxability of software, guidance on digital equivalents, and much more. 

To make recent developments more accessible, KPMG's Washington National Tax –State and Local Tax practice has created a quarterly Technology Checklist that summarizes recent state guidance for topics such as the taxability of software, guidance on digital equivalents, and much more. 

While it’s our goal year-round to make you, IndyBar members, more profitable and productive in your practice, we’re taking extra care during the month of September to show you how much we appreciate you!