The Weekly (Tax)Buzz – August 3rd, 2022

The Weekly (Tax)Buzz - August 3rd, 2022

The Weekly (Tax)Buzz – August 3rd, 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: Tax fraud, inflation, EV tax credit, and more.

NPR: Pregnant? Georgia says that a fetus counts as a dependent on your taxes.

USA Today: Shakira’s tax fraud case: What is known about the charges and potential 8-year prison sentence.

Wall Street Journal: Biotech firm, Amgen, fights IRS over $10.7 Billion tax bill.

Forbes: The high cost of the inflation reduction act. Read more here. 

CNBC: Employee stock purchase plans can carry ‘a big risk,’ says advisor. What to know before buying in.

Wall Street Journal: Analysis deems Biden’s climate and tax bill fiscally responsible.

Electrek: Rivian is not happy to be left out of the new EV tax credit.

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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