Court Upholds IRS Lien Against Maryland Company Over Unpaid Taxes The Tax Court has upheld the IRS’ federal tax lien against Horizon Health Services, Inc., a Maryland-based corporation, after finding …
IRS Finalizes Stock Buyback Tax Rules Treasury and the IRS have released final regulations on the 1% excise tax on the value of stock repurchased by …
Maine Announces Individual Income Tax Rate Schedules, Personal Exemption, Standard Deduction for 2026 Maine Revenue Services has released the individual income tax rate schedules and the personal exemption and standard deduction amounts, adjusted …
Most Employers Lack Full I-9 Automation Amid Stricter Penalties for Violations, Study Finds Tougher penalties for Form I-9 violations are raising the costs of noncompliance for employers at a time most still lack …
IRS Changes Course on FIRPTA Look-Through Rule for Domestic C-Corps The IRS has proposed removing a recently adopted rule that prescribes looking at the shareholders of certain domestic corporations to …
Tax Court Cancels Trial Sessions Amid Government Shutdown The United States Tax Court has canceled all in-person and remote trial sessions scheduled for the weeks of October 20 …
Miami Man Sentenced to 6.5 Years for $2.3M COVID-19 Unemployment Fraud Scheme A Miami resident has been sentenced to 78 months in federal prison for orchestrating a multi-state unemployment insurance fraud scheme that exploited …
AICPA, NASBA Now Accepting Comments on Proposed Optional Pathway for CPA Licensure, Individual Mobility The AICPA on March 4, 2025, said that its proposal to offer an additional path to obtain a CPA license …
Trump’s SEC Takes First Step to Rescind Climate Disclosure Rule In a move that was expected and represents a win for corporations, Securities and Exchange Commission (SEC) Acting Chairman Mark …