Category: news
-
HIRE Act Proposal Draws Attention Across Tax and Accounting Community
Recently introduced legislation would impose an excise tax on payments to foreign persons for services that directly or indirectly benefit U.S. consumers — and tax and accounting firms are taking note. The HIRE Act Last month, first-term Senator Bernie Moreno (R-OH) proposed the Halting International Relocation of Employment (HIRE) Act, S. 2976, to establish a…