Featured Analysis
A curated selection of our standard-setting tax analysis and commentary. If you are looking for the Tax Notes difference, look no further.
In economic analysis, Martin A. Sullivan examines the economic stimulus effect of President Trump’s executive memorandum on deferral of payroll taxes and provides possible answers to several open questions about the move.
Martin A. Sullivan questions who would be eligible for an enhanced employee retention tax credit and argues that, given the complexity and ambiguity of the business suspension test, Congress and the IRS should seriously consider simpler safe harbor rules, particularly for small business.
Philip S. Olsen of Davis Malm reviews recent Massachusetts tax developments in areas including COVID-19, corporate excise taxation, sales and use taxation, and personal income taxation.
The COVID-19 crisis has put a particular burden on state governments, with the combination of steep revenue shortfalls and balanced budget rules likely to force sharp cuts in services. Michael Leachman of the Center on Budget and Policy Priorities and Adam Michel of the Heritage Foundation joined Tax Analysts President and CEO Cara Griffith in a July 29 "Taxing Issues" webinar to debate whether and how the federal government should step in to help, and what the long-term fiscal impacts of such aid might be.
Ariel S. Greenblum reviews new and notable tax law developments.
Justin D. Cook and Tyler J. Compton of Bricker & Eckler LLP discuss portions of Ohio’s legislative response to COVID-19, including revised municipal income tax laws, tax deadlines, and pending bills.
Francine J. Lipman, Nicholas A. Mirkay, and Palma Joy Strand examine the racist history of U.S. tax systems and prescribe anti-racist action items.
Mark W. Everson argues that the United States should augment the research and development tax credit, particularly for U.S.-based manufacturers.
Martin A. Sullivan argues that Congress isn't doing anybody any favors by providing two benefits that have identical policy goals but also have arbitrary differences in technical details and administrative procedures.
In the second in a series of articles about the IRS's use of informal guidance, Tax Notes looks at legal challenges to how the agency has chosen to administer economic impact payments.