Bloomberg Tax
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Leading source of tax & accounting news.
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✉️ Newsletter: http://btaxgo.com/8izzqCL
🎧 Podcast: http://btaxgo.com/IsUUdro
Tax and finance must constantly evolve to leverage AI, improve data quality, and meet changing regulatory demands in the AI era.
AI Era Requires Continuous Tax and Finance Transformation
Tax and finance must constantly evolve to leverage AI, improve data quality, and meet changing regulatory demands in the AI era.
bit.ly
February 9, 2026 at 5:00 PM
Tax and finance must constantly evolve to leverage AI, improve data quality, and meet changing regulatory demands in the AI era.
Some big US-based multinationals are paying more in taxes to other countries than to their own, fueling questions about whether companies are shifting profits abroad to cut their tax bills.
Companies’ Big Overseas Tax Bills Spur Profit-Shifting Concerns
Some big US-based multinationals are paying more in taxes to other countries than to their own, fueling questions about whether companies are shifting profits abroad to cut their tax bills.
bit.ly
February 9, 2026 at 2:00 PM
Some big US-based multinationals are paying more in taxes to other countries than to their own, fueling questions about whether companies are shifting profits abroad to cut their tax bills.
Opinion: Implementing digital taxes can be messy, but it's important to track where income-producing activity occurs.
AI Makes Tracking Foreign Digital Taxes Harder. Here’s What to Do
Opinion: Implementing digital taxes can be messy, but it's important to track where income-producing activity occurs.
bit.ly
February 9, 2026 at 11:00 AM
Opinion: Implementing digital taxes can be messy, but it's important to track where income-producing activity occurs.
Opinion: Preventing fraud and improper payments requires tradeoffs that affect everyone, not just bad actors. And those tradeoffs are rarely discussed in the public dialogue.
Minnesota Probes Reveal That Fraud Prevention Requires Tradeoffs
Opinion: Preventing fraud and improper payments requires tradeoffs that affect everyone, not just bad actors. And those tradeoffs are rarely discussed in the public dialogue.
bit.ly
February 9, 2026 at 8:00 AM
Opinion: Preventing fraud and improper payments requires tradeoffs that affect everyone, not just bad actors. And those tradeoffs are rarely discussed in the public dialogue.
The US House voted Wednesday to advance legislation that would repeal a local law decoupling Washington, DC, from more than a dozen provisions of Republicans’ mega tax law, the latest GOP rebuttal of the Democratic controlled city.
US House Votes to Force DC Tax Conformity with Federal Cuts (1)
The US House voted Wednesday to advance legislation that would repeal a local law decoupling Washington, DC, from more than a dozen provisions of Republicans’ mega tax law, the latest GOP rebuttal of the Democratic controlled city.
bit.ly
February 9, 2026 at 5:00 AM
The US House voted Wednesday to advance legislation that would repeal a local law decoupling Washington, DC, from more than a dozen provisions of Republicans’ mega tax law, the latest GOP rebuttal of the Democratic controlled city.
The House passed legislation Tuesday funding the IRS, securing an end to a short lapse in annual spending while cutting both the agency’s short-term and long-term budgets.
Congress Sends Funding Bill With IRS Cuts to Trump’s Desk
The House passed legislation Tuesday funding the IRS, securing an end to a short lapse in annual spending while cutting both the agency’s short-term and long-term budgets.
bit.ly
February 9, 2026 at 2:00 AM
The House passed legislation Tuesday funding the IRS, securing an end to a short lapse in annual spending while cutting both the agency’s short-term and long-term budgets.
A pair of Trump administration officials who will soon serve on the US audit board advanced the president’s regulatory rollback agenda that has slashed spending and hollowed out federal agencies.
New US Audit Board Leaders Have a Track Record Gutting Agencies
A pair of Trump administration officials who will soon serve on the US audit board advanced the president’s regulatory rollback agenda that has slashed spending and hollowed out federal agencies.
bit.ly
February 8, 2026 at 11:00 PM
A pair of Trump administration officials who will soon serve on the US audit board advanced the president’s regulatory rollback agenda that has slashed spending and hollowed out federal agencies.
Britney Spears’ tax deficiency and penalty totaling about $721,000 is proper, the IRS told the US Tax Court as it defended its adjustment of flow-through income from her business and a disallowance of certain deductions in 2021.
Britney Spears’ $721,000 Tax Bill Is Valid, IRS Tells Court
Britney Spears’ tax deficiency and penalty totaling about $721,000 is proper, the IRS told the US Tax Court as it defended its adjustment of flow-through income from her business and a disallowance of certain deductions in 2021.
bit.ly
February 8, 2026 at 8:00 PM
Britney Spears’ tax deficiency and penalty totaling about $721,000 is proper, the IRS told the US Tax Court as it defended its adjustment of flow-through income from her business and a disallowance of certain deductions in 2021.
The IRS proposed long-awaited rules for a tax credit that aims to encourage production of more climate-friendly fuels—a rare break created by Democrats but also backed by the GOP.
IRS Proposes Rules on GOP-Extended Clean Fuel Tax Credit (1)
The IRS Tuesday proposed long-awaited rules for a tax credit that aims to encourage production of more climate-friendly fuels—a rare break created by Democrats but also backed by the GOP.
bit.ly
February 8, 2026 at 5:00 PM
The IRS proposed long-awaited rules for a tax credit that aims to encourage production of more climate-friendly fuels—a rare break created by Democrats but also backed by the GOP.
The Big Four accounting and consulting firms are looking to future-proof their workforces as the AI revolution pressures them to maintain the value of their core product: the expertise of their thousands of professionals.
Big Four Firms Pivot, Adapt Workforce Strategies for AI Era (1)
The Big Four accounting and consulting firms are looking to future-proof their workforces as the AI revolution pressures them to maintain the value of their core product: the expertise of their thousands of professionals.
bit.ly
February 8, 2026 at 2:00 PM
The Big Four accounting and consulting firms are looking to future-proof their workforces as the AI revolution pressures them to maintain the value of their core product: the expertise of their thousands of professionals.
Opinion: Kathy Hochul’s proposal to safeguard the deductibility of charitable donations against state taxation carries broader implications for businesses, including redefining how corporate philanthropy is planned.
Hochul Tax Plan for Charities Could Reshape Business Philanthropy
Opinion: Kathy Hochul’s proposal to safeguard the deductibility of charitable donations against state taxation carries broader implications for businesses, including redefining how corporate philanthropy is planned.
bit.ly
February 8, 2026 at 11:00 AM
Opinion: Kathy Hochul’s proposal to safeguard the deductibility of charitable donations against state taxation carries broader implications for businesses, including redefining how corporate philanthropy is planned.
The DOJ Tax Division’s dissolution necessitates a post-mortem of the IRS-DOJ partnership to identify the critical elements for U.S. tax enforcement and voluntary compliance.
DOJ Tax’s Dissolution Forces a High-Stakes Reset for IRS and DOJ
The DOJ Tax Division’s dissolution necessitates a post-mortem of the IRS-DOJ partnership to identify the critical elements for U.S. tax enforcement and voluntary compliance.
bit.ly
February 8, 2026 at 8:00 AM
The DOJ Tax Division’s dissolution necessitates a post-mortem of the IRS-DOJ partnership to identify the critical elements for U.S. tax enforcement and voluntary compliance.
Opinion: Tariffs should be deemphasized as a blunt industrial policy tool, and where they remain, they should be grounded in market realities through return-on-investment modeling.
Volkswagen Move to Vacate Onshoring Shows US Tariff Policy Flaws
Opinion: Tariffs should be deemphasized as a blunt industrial policy tool, and where they remain, they should be grounded in market realities through return-on-investment modeling.
bit.ly
February 8, 2026 at 5:00 AM
Opinion: Tariffs should be deemphasized as a blunt industrial policy tool, and where they remain, they should be grounded in market realities through return-on-investment modeling.
The US House voted Wednesday to advance legislation that would repeal a local law decoupling Washington, DC, from more than a dozen provisions of Republicans’ mega tax law, the latest GOP rebuttal of the Democratic controlled city.
US House Votes to Force DC Tax Conformity with Federal Cuts (1)
The US House voted Wednesday to advance legislation that would repeal a local law decoupling Washington, DC, from more than a dozen provisions of Republicans’ mega tax law, the latest GOP rebuttal of the Democratic controlled city.
bit.ly
February 8, 2026 at 2:00 AM
The US House voted Wednesday to advance legislation that would repeal a local law decoupling Washington, DC, from more than a dozen provisions of Republicans’ mega tax law, the latest GOP rebuttal of the Democratic controlled city.
Opinion: Implementing digital taxes can be messy, but it's important to track where income-producing activity occurs.
AI Makes Tracking Foreign Digital Taxes Harder. Here’s What to Do
Opinion: Implementing digital taxes can be messy, but it's important to track where income-producing activity occurs.
bit.ly
February 7, 2026 at 11:00 PM
Opinion: Implementing digital taxes can be messy, but it's important to track where income-producing activity occurs.
The House passed legislation Tuesday funding the IRS, securing an end to a short lapse in annual spending while cutting both the agency’s short-term and long-term budgets.
Congress Sends Funding Bill With IRS Cuts to Trump’s Desk
The House passed legislation Tuesday funding the IRS, securing an end to a short lapse in annual spending while cutting both the agency’s short-term and long-term budgets.
bit.ly
February 7, 2026 at 8:00 PM
The House passed legislation Tuesday funding the IRS, securing an end to a short lapse in annual spending while cutting both the agency’s short-term and long-term budgets.
Opinion: Preventing fraud and improper payments requires tradeoffs that affect everyone, not just bad actors. And those tradeoffs are rarely discussed in the public dialogue.
Minnesota Probes Reveal That Fraud Prevention Requires Tradeoffs
Opinion: Preventing fraud and improper payments requires tradeoffs that affect everyone, not just bad actors. And those tradeoffs are rarely discussed in the public dialogue.
bit.ly
February 7, 2026 at 5:00 PM
Opinion: Preventing fraud and improper payments requires tradeoffs that affect everyone, not just bad actors. And those tradeoffs are rarely discussed in the public dialogue.
A pair of Trump administration officials who will soon serve on the US audit board advanced the president’s regulatory rollback agenda that has slashed spending and hollowed out federal agencies.
New US Audit Board Leaders Have a Track Record Gutting Agencies
A pair of Trump administration officials who will soon serve on the US audit board advanced the president’s regulatory rollback agenda that has slashed spending and hollowed out federal agencies.
bit.ly
February 7, 2026 at 2:00 PM
A pair of Trump administration officials who will soon serve on the US audit board advanced the president’s regulatory rollback agenda that has slashed spending and hollowed out federal agencies.
Britney Spears’ tax deficiency and penalty totaling about $721,000 is proper, the IRS told the US Tax Court as it defended its adjustment of flow-through income from her business and a disallowance of certain deductions in 2021.
Britney Spears’ $721,000 Tax Bill Is Valid, IRS Tells Court
Britney Spears’ tax deficiency and penalty totaling about $721,000 is proper, the IRS told the US Tax Court as it defended its adjustment of flow-through income from her business and a disallowance of certain deductions in 2021.
bit.ly
February 7, 2026 at 11:00 AM
Britney Spears’ tax deficiency and penalty totaling about $721,000 is proper, the IRS told the US Tax Court as it defended its adjustment of flow-through income from her business and a disallowance of certain deductions in 2021.
Oil giant Shell plc said Friday it would replace auditor Ernst & Young with PwC from 2027, amid a regulatory investigation into whether EY broke auditor rotation rules.
Shell Switches Auditors as EY Probed for Potential Rules Breach
Oil giant Shell plc said Friday it would replace auditor Ernst & Young with PwC from 2027, amid a regulatory investigation into whether EY broke auditor rotation rules.
bit.ly
February 7, 2026 at 8:00 AM
Oil giant Shell plc said Friday it would replace auditor Ernst & Young with PwC from 2027, amid a regulatory investigation into whether EY broke auditor rotation rules.
Opinion: The United Arab Emirates has taken a decisive step toward strengthening tax certainty under its corporate tax regime with the release of long-awaited guidance on advance pricing agreements.
UAE Offers Multinationals a Route to Tax Certainty With APAs
Opinion: The United Arab Emirates has taken a decisive step toward strengthening tax certainty under its corporate tax regime with the release of long-awaited guidance on advance pricing agreements.
bit.ly
February 7, 2026 at 5:00 AM
Opinion: The United Arab Emirates has taken a decisive step toward strengthening tax certainty under its corporate tax regime with the release of long-awaited guidance on advance pricing agreements.
Opinion: A proposal to eliminate Hawaii income tax cuts enacted in 2024 could undermine past efforts to provide tax relief for lower-income households.
Hawaii’s Income Tax Cut U-Turn Muddles Relief for Working Class
Opinion: A proposal to eliminate Hawaii income tax cuts enacted in 2024 could undermine past efforts to provide tax relief for lower-income households.
bit.ly
February 7, 2026 at 2:00 AM
Opinion: A proposal to eliminate Hawaii income tax cuts enacted in 2024 could undermine past efforts to provide tax relief for lower-income households.
Elite engineers’ soaring compensation packages are complicating R&D tax credit claims under IRC §41, requiring companies to enhance their audit readiness with more rigorous documentation of qualified research activities.
Can Soaring Tech Salaries Still Qualify for R&D Tax Credits?
Elite engineers’ soaring compensation packages are complicating R&D tax credit claims under IRC §41, requiring companies to enhance their audit readiness with more rigorous documentation of qualified research activities.
bit.ly
February 6, 2026 at 11:00 PM
Elite engineers’ soaring compensation packages are complicating R&D tax credit claims under IRC §41, requiring companies to enhance their audit readiness with more rigorous documentation of qualified research activities.
Tax incentives for data centers are under fire across the country as state lawmakers seek to repeal them or raise the bar to qualify for them.
States Target Data Center Tax Breaks With Rollbacks, Guardrails
Tax incentives for data centers are under fire across the country as state lawmakers seek to repeal them or raise the bar to qualify for them.
bit.ly
February 6, 2026 at 8:00 PM
Tax incentives for data centers are under fire across the country as state lawmakers seek to repeal them or raise the bar to qualify for them.
Former government tax officials are asking a judge to take proactive moves to curb the ethical issues arising out of President Donald Trump’s lawsuit against the IRS.
Former Tax Officials Raise Ethics Alarm on Trump’s IRS Lawsuit
Former government tax officials are asking a judge to take proactive moves to curb the ethical issues arising out of President Donald Trump’s lawsuit against the IRS.
bit.ly
February 6, 2026 at 5:00 PM
Former government tax officials are asking a judge to take proactive moves to curb the ethical issues arising out of President Donald Trump’s lawsuit against the IRS.