Tax Update Blog

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Tax News & Views will help you stay informed with what's happening in the tax world. Whether it's a new tax law tacked on to a spending bill, a new court case that reminds us of venerable tax lessons, or a surprising approach by states to tax non-residents, it's fair game.

We will cover tax issues impacting middle-market, closely-held businesses and their owners, as well as how tax affects your nonprofit or government entity. View our latest blog posts below or subscribe to stay informed.

Latest Insights

February 25, 2020
Blog
No signature, no $1.7M refund. New overseas housing allowances. How taxes work in Scandinavia. IRS Commisioner speaks on Crypto.
February 25, 2020
Blog
Proposed regulations released in response to changes to the meals and entertainment deduction answer questions posed by many, largely confirm what we thought, and shut down a few potential workarounds.
February 24, 2020
Blog
Meals & entertainment guidance and looks at tax policy and IRS make up this Monday tax news mashup.
February 21, 2020
Blog
Find out if personal guarantees of partnership debt allowed $1.5M in passthrough losses, and interesting tax facts (yes they exist) in this roundup!
February 21, 2020
Blog
Iowa's Department of Revenue introduced a bill that contains a fix for Iowa net operating losses and changes to the partnership audit rules that would piggyback off of Federal.
February 20, 2020
Blog
An attempt to turn deferred comp into capital gain comes home with an empty bag. A return of the corporate AMT already? IRS gets personal with high-income non-filers. Sales tax trouble for an Iowa State Fair fixture. Wisconsin ponders personal …
February 19, 2020
Blog
Where Iowa and Federal taxes differ, for now. An Eastern Iowa businessman gets 15 months for tax offenses. Also: Grain bin sales taxes, Presidential tax pardons, and more!
February 18, 2020
Blog
State conformity may cause an unconstitutional tax. How the IRS watches you hands-free. Not outsmarting the IRS in Minnesota. And a cab driver thwarts an IRS impersonation scam.
February 18, 2020
Blog
IRS issues Rev. Rul. 2020-06 prescribing March 2020 AFRs
February 17, 2020
Blog
Advancements in technology and the digital world keep us on our toes in this roundup!
February 14, 2020
Blog
New bill introduced to fix retail glitch plus make immediate expensing permanent.
February 14, 2020
Blog
The tax world is big, So much to know and peruse, Stay up to date with Eide Bailly’s Tax News & Views!

Stay informed!