Must a Plan Provide Extended COBRA Coverage Because of a Spouse’s Disability?
QUESTION: A recently terminated employee has elected COBRA for himself, his spouse, and his children. He notified us within a …
Thomson Reuters Tax & Accounting News
Taxpayers Must Be More Diligent With Downsized IRS, Says Expert
Taxpayers and practitioners must be more diligent, persistent, and organized in 2026 to navigate a “thoroughly exhausted” and understaffed IRS, …
Minnesota Issues Chart Showing Impacts of One Big Beautiful Bill Act on Minnesota Income Taxes
By Peter G. Pupke, Esq., Checkpoint News The Minnesota Department of Revenue has issued a detailed chart summarizing the Minnesota …
Trump’s $10B IRS Suit Over Tax Data Leaks Raises Legal Issues
President Donald Trump, along with his two eldest sons and the Trump Organization, have filed a lawsuit against the IRS …
Corporate Tax Money, Mapped at Last: New Disclosures Show Big Overseas Payments and Ignite Scrutiny
Some of America’s biggest brands are finally showing where their tax money really goes — and in a number of …
Firms Need to Keep Pace With Gov’t AI Adoption, Tax Pro Says
The digitalization of the economy and the acceleration of powerful artificial intelligence (AI) tools have necessitated that businesses and firms …
Expert Analyzes IRS Trends in Estate, Gift Tax Audit Disputes
The best way to handle gift and estate tax controversy work is to anticipate the dispute at the estate planning …
OBBB Charitable Deduction Rules Reshape Giving Strategies
One Big Beautiful Bill Act’s (OBBB) changes to the charitable deduction are forcing both individual and corporate donors to rethink …
What Is an Eligible Rollover Distribution?
QUESTION: Our company sponsors a 401(k) plan. As we review the plan’s rollover procedures, we want to confirm our understanding …
Understanding OBBB Enhancements to Employer Leave and Childcare Credits
The One Big Beautiful Bill Act (OBBB) permanently enhanced employer credits for paid family and medical leave and employer-provided childcare. …
Meeting the Moment: How Payroll Teams Can Strengthen Tax Compliance in 2026
Payroll teams enter 2026 facing sharper regulatory pressure than in recent years, as governments tighten reporting rules, adopt structured digital …
Kansas Announces Sales and Use Tax Rate Changes Effective April 1, 2026
By Ashleigh M. Paige, Esq., Checkpoint News Effective April 1, 2026, the combined Kansas state and local sales and use …
Despite Shutdown, IRS Staff to Continue Work
The IRS shared that despite a partial government shutdown, all employees will continue working this week. The agency’s employee emergency …