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      Article
      New IRS easement office ought to prioritize faster settlements, expert says
      The IRS’ creation of an Office of Conservation Easements marks a change in how the agency resolves thousands of easement disputes, and Shawn O’Brien, a tax partner at McDermott Will & Schulte, ...
      Article
      Republicans hesitant on AI taxes, says expert
      Email ... Amid competitiveness concerns and fundamental questions about tax structure, one expert said congressional Republicans have been largely quiet about a new AI tax. ... Democrats have forwa...
      Article
      SEC nears proposal to scale back executive compensation disclosures
      The Securities and Exchange Commission (SEC) is very close to issuing a proposal that would cut back executive compensation disclosure requirements. ... The White House received a draft of the prop...
      Article
      Agency FAQs Provide Enforcement Relief and Clarification on Wellness Program Reward Requirements
      The DOL, HHS, and IRS have issued two FAQs addressing questions raised in dozens of class action lawsuits challenging tobacco surcharges imposed under employer-sponsored group health plans. ... As ...
      Article
      5th Circuit upholds IRA drug pricing program, excise tax
      A federal appeals court upheld the constitutionality of the Medicare drug price negotiation program and the excise tax that enforces it, rejecting claims that the program unlawfully delegated legis...
      Article
      Multistate Monitor — As states decouple from OBBB, expert explains how to address now-incorrect tax estimates
      A tax pro explained how taxpayers can handle state tax underpayments resulting from retroactive changes after the One Big Beautiful Bill (OBBB). ... While a few states have issued guidance and offe...
      Article
      Judge orders DOJ to produce discovery in 'Anti-Weaponization Fund' case
      A federal magistrate judge has ordered the Department of Justice to provide initial disclosures for claims not tied to the administrative record in a lawsuit challenging a $1.776 billion “Anti-We...
      Article
      CPAs call for automated name, address change process
      The American Institute of Certified Public Accountants (AICPA) is calling on the IRS to create an automated, online process for taxpayers to update their name and address information, arguing the c...
      Article
      Distant war drives up costs for corporate America, consumer wallets
      The war in the Middle East is squeezing U.S. corporate profits and could push up prices on everything from plane tickets to groceries, financial and accounting experts say. ... The first casualties...
      Article
      New York City extends pied-a-terre exemption deadline, removes some property owners from list
      Email ... New York City has pushed back the deadline for residential property owners to request an exemption from the new pied-a-terre surcharge and is sending a new round of letters reflecting rev...