Self-Reporting Misconduct Can Be Beneficial for Practitioners, OPR Says Tax practitioners who self-report Circular 230 violations may avoid harsher sanctions and qualify for favorable settlements, the IRS’ Office of …
Social Security Bill Proposes New Inflation Measure, Tax Changes for High Earners Senator Mazie Hirono (D-HI) and Representative Jill Tokuda (D-HI) have introduced the Protecting and Preserving Social Security Act to address Social Security’s …
FIRE System Will Retire by Tax Year 2026, Says IRS The IRS has announced that the Filing Information Returns Electronically (FIRE) system will be retired for the tax year 2026, …
IRS Obtained Proper Penalty Approval in Easement Case, Court Finds The IRS met the supervisory approval requirements when it assessed penalties against Sand Valley after disallowing the company’s $35.38 million …
Checkpoint’s Exclusive Executive Summary of the 2025 Tax Act In a series of marathon Senate and House sessions leading up to the July 4th holiday, Congress passed the Act …
Publisher’s Note for the Juneteenth Holiday Due to the Juneteenth federal holiday, there will be no Checkpoint News articles published on Thursday, June 19, 2025. …
Before Economic Nexus There Was Physical Presence Nexus: Why Overlooking Your Physical Footprint Creates Sales Tax Risk Rob Galloway (J.D., Editor; Checkpoint Catalyst) The practical aftermath of South Dakota v. Wayfair, Inc. et al.,138 S. Ct. 2080 (2018) was swift …
Chair Atkins: SEC ‘Could Handle’ PCAOB’s Work New Securities and Exchange Commission (SEC) Chair Paul Atkins said that the commission would be able to oversee public company …
Commissioner Peirce Explores Coming Shifts in SEC Priorities At a Washington conference, Securities and Exchange Commission (SEC) Commissioner Hester Peirce said that under Chair Paul Atkins, the commission …