Research Library

The House recently passed the Tax Relief for American Families and Workers Act (TRAFWA) of 2024, which aims to provide tax relief to businesses and families with children in a fiscally responsible manner. But, as fellow John W. Diamond’s new commentary explains, if the bill succeeds, it would instead deliver more reckless tax giveaways while further delaying a real effort to deal with the consequences of poor fiscal policy.

The 15% corporate minimum tax is one of the Inflation Reduction Act's key revenue-raising provisions Joyce Beebe reviews the background, operating mechanism and different perspectives associated with implementing the corporate minimum tax.

A new Senate bill "declares a position on most of the unclear yet critical issues" in regulating cryptocurrency, the author writes, on which industry participants have been requesting guidance for years. What are the key provisions in this bipartisan proposal? Read the post on the Baker Institute Blog.

The author reviews key provisions of the retirement bill passed by the U.S. House, considering the impacts on workers. Read the post on the Baker Institute Blog.

The author reviews data on the growth of small businesses in Texas in the two years since the COVID-19 pandemic began. Read the post on the Baker Institute Blog here.

Last week, the Joe Biden administration released a long-awaited executive order containing a government-wide outline for digital assets, focusing on cryptocurrency. The guidance is a welcome and timely development for both regulators and investors.

The federal government aims to narrow the $1 trillion gap between cryptocurrency taxes owed and those actually paid. Read how it's doing so in the Baker Institute Blog.

You may have read that nonfungible tokens (NFTs) have introduced an extremely lucrative way to sell digital work, like art. Beyond the question "what's an NFT?" is how the sometimes-extraordinary proceeds are taxed. Center for Public Finance fellow Joyce Beebe explains in the Baker Institute Blog.

With the rise of the gig economy has come an increase in concerns about tax compliance. This blog post reviews two recent changes to tax reporting rules for the sharing economy sector — the comeback of Form 1099-NEC and a reduction in the reporting threshold of Form 1099-K — and their implications for tax administration and reporting.

Special purpose acquisition companies (SPACs) have experienced a massive surge in popularity over the last year. How do SPACs work, and what are some of the tax implications that investors may overlook? Public finance fellow Joyce Beebe explains on the Baker Institute Blog: https://bit.ly/3t5eMH8