Here are the key events taking place on Tuesday that could impact trading. ECONOMIC REPORT DUE: At 8:30 a.m. ET, the Commerce Department is out with the U.S. trade balance for October. The monthly ...
The IRS has issued final regulations that provide taxpayers and tax professionals with guidance on how to report and pay the excise tax owed on corporate stock repurchases. Congress created a new tax ...
On April 12, 2024, the Treasury Department (Treasury) and Internal Revenue Service (IRS) issued proposed regulations (89 FR 25980 and 89 FR 25829) on the excise tax on stock buybacks enacted as part ...
Tech workers and employers alike could wind up paying more U.S. taxes next year under a plan to impose new taxes on certain stock incentive programs widely used in the high-tech industry. Under the ...
Much has been publicized about the IRS pausing some of its compliance and collection notices in 2022. Specifically, the IRS announced that it would suppress many balance-due reminder notices until the ...
On December 27, 2022, the IRS issued two notices providing key initial guidance for the new excise tax on corporate stock buybacks and the new corporate alternative minimum tax (CAMT). Both the excise ...