Christopher E. Bergin (President and Publisher, Tax Analysts), The IRS Is in Big Trouble, 139 Tax Notes 951 (May 20, 2013): Bergin discusses the catastrophic ramifications of the IRS’s recent apology for mishandling the applications of conservative exempt organizations and how things might be worse for the agency now than...
Wal-Mart Stores forecast second-quarter profit that was less than analysts estimated as its shoppers struggle amid the slow US economy and higher taxes. ||| Renee Dudley New York Wal-Mart Stores forecast second-quarter profit that was less than analysts estimated as its shoppers struggle amid the slow US economy and higher taxes. Show More Summary
Walmart's Q1 financial results are out. Earnings per share came in at $1.14 per share, which was right in line with expectations. However, sales are looking weak. Comparable store sales excluding fuel fell by 1.4%. Analysts were looking...Show More Summary
Amnesty proponents claim the Senate's "comprehensive immigration reform" bill does not grant illegal immigrants "amnesty" because illegal immigrants will have to learn English, pay fines, pass background checks, pay back taxes, and go to the back of the line. Show More Summary
Merck’s first-quarter earnings are a big disappointment. Technically, earnings per share of $0.85 beat analyst forecasts by six cents due to one-time tax benefit. Meanwhile overall sales of $10.7 billion are 4% — a full $500 million — below expectations. In order to try to salve the wound of this major miss, Merck announced a [...]
Christopher E. Bergin (President and Publisher, Tax Analysts), Real Transparency, Anyone?, 139 Tax Notes 571 (Apr. 29, 2013): In a recent op-ed, House Ways and Means Committee Chair Dave Camp, R-Mich., and Senate Finance Committee Chair Max Baucus, D-Mont., said they were dedicated to working on legislation to reform the...
Earlier this month, President Obama released his fiscal 2014 budget proposal, which included new taxes for both low- and high-income taxpayers. In the following video, Fool markets analyst Mike Klesta talks with contributor Dan Caplinger...Show More Summary
Tax Analysts hosts a roundtable discussion on State Taxes and the Cloud at the National Press Club in Washington, D.C. today at 9:00 - 11:00 a.m. EST: Please join us for a roundtable discussion in which we will consider how states are approaching the challenge of taxing cloud computing technologies,...
As Washington's battles over the budget and sequestration have played out over the past few months, pundits, politicians and analysts have flooded the airwaves and Internet with arguments about the government's spending priorities. However,...Show More Summary
As Washington's battles over the budget and sequestration have played out over the past few months, pundits, politicians and analysts have flooded the airwaves and Internet with arguments about the government's spending priorities. However,...Show More Summary
Kansas' tax reform plan was named the worst in the nation by analysts from both the left and the right in a feature by a national magazine. Governing magazine asked two tax policy experts from nonprofit think tanks on opposite sidesShow More Summary
Buy medical device stocks now? Even with the new tax imposed by Obamacare? Health care analyst Max Macaluso recently sat down with Fool contributor Keith Speights to talk about why buying medical device stocks actually makes sense. Keith discusses three stocks that he really likes in the medical device sector: Cynosure, Edwards Lifesciences, and St. Show More Summary
While politicos and pundits, analysts and experts continue to pore over President Obama’s 2014 budget blueprint for its policy nuances, tax implications and more, we thought an instant visual picture of what the president emphasized (or not) in his latest budget message would be worth a thousand words. Show More Summary
The jobs report on Friday was very weak, and one number really stood out: A decline in retail jobs. The sector shed over 20K jobs in March. That's lead analysts to an obvious conclusion, which is that the payroll tax hike is taking a...Show More Summary
The Carlyle Group to Host Educational Conference Call for Analysts and Investors on Corporate Tax Reporting at The Carlyle Group WASHINGTON--(BUSINESS WIRE)-- Global alternative asset manager The Carlyle Group L.P. ( NAS: CG ) will host an informational investor call at 10:00 a.m. Show More Summary
Research in Motion Ltd. (NASDAQ:BBRY) – also known now as BlackBerry – surprised people in its mos recent quarterly earnings report when it posted a $98 million profit and shattered analyst expectations by turning in a positive EPS number compared to estimates of a loss of more than 25 cents per share. However, was that [...]
The Pepperdine IT folks have divided the full 8-hour video of our January 18, 2013 symposium on Tax Advice for the Second Obama Administration into separate files on iTunes and YouTube. Introduction and Welcome (iTunes; YouTube) Deanell Tacha (Dean, Pepperdine) Chris Bergin (President, Tax Analysts) Keynote Address: Michael Graetz (Columbia),...
Demand for Bitcoins, a completely anonymous digital currency that can be used like real cash, has never been higher. The so-called "crypto currency" is now valued at $108 USD –– triple what it was at the beginning of March. Analysts have likened its rise in value to the ebb and flow of finite commodities like gold. Show More Summary
Martin A. Sullivan (Tax Analysts), U.S. Contract Manufacturing and Dave Camp's Option C, 139 Tax Notes 10 (Apr. 1, 2013): Martin A. Sullivan discusses how a recent proposal by Paul Oosterhuis could help the international tax reform discussion draft released by House Ways and Means Committee Chair Dave Camp, R-Mich....