New Report Fuels Calls to Regulate Uncredentialed Tax Preparers
A new “mystery shopper” report from the Center for Taxpayer Rights (CTR) reveals widespread incompetence and misconduct among non-credentialed tax preparers, …
Thomson Reuters Tax & Accounting News
As AI Advances, XBRL Faces Fresh Questions Over Cost and Value
Investors and corporate finance chiefs hold competing views on whether a two-decade-old financial data standard still has a future — …
Companies Are Selling Their Tariff Refund Rights. Accountants Say Not So Fast
Some companies hoping to claw back money from disputed tariffs aren’t waiting around for Washington. Instead, they’re selling their rights …
DOL Wage and Hour Chief Outlines 2026 Priorities, Rulemaking Agenda, and Payroll Risk Areas at Capital Summit
The U.S. Department of Labor’s Wage and Hour Division (WHD) is pushing a familiar two-track approach in 2026: provide clearer …
Coca-Cola, DOJ at Odds Over 3M Blocked Income Ruling
The Department of Justice and The Coca-Cola Company have filed letters with the U.S. Court of Appeals for the 11th …
Experts Discuss Evolving Nexus Standard for State Tax Jurisdiction
The standard for nexus – a state’s jurisdictional authority to impose a tax on a business – has evolved from …
Plan’s Dialysis Carve-Out Withstands HIPAA Nondiscrimination Challenge
A federal trial court has issued what could be the final decision in a long-running dispute between a large dialysis …
Navigating Clean Energy Material Assistance Restrictions, New Guidance
During a March 11 webinar, Deloitte tax specialists explained new IRS guidance on prohibited foreign entity (PFE) restrictions for clean …
GAO Insights Reinforce Payroll’s Role in Tax Accountability at Capital Summit
The U.S. Government Accountability Office used the second day of the PayrollOrg’s Capital Summit to outline how ongoing workforce disruption, …
Capital Summit Session Warns Multistate Payroll Compliance Risks Are Growing With Remote Work
As remote and hybrid work arrangements continue to reshape where employees live and perform services, payroll professionals are facing increased …
AICPA Proposes Revised Definition of ‘Attest Engagement Team’ in Ethics Code
The AICPA’s Professional Ethics Executive Committee (PEEC) on March 16, 2026, issued an exposure draft (ED) proposing revisions to the …
Wyoming Creates Sales and Use Tax Exemption for Motor Vehicle Transfers to Family
By Carlton Huntley, JD, LLM, Checkpoint News On March 7, 2026, Wyoming Governor Mark Gordon signed legislation that creates a …
Capital Summit Session Highlights Growing Risks—and Tools—for Local Payroll Tax Compliance
Local payroll tax compliance—long considered one of payroll’s most challenging responsibilities—is becoming even more complex as hybrid work, employee mobility, …