CPAs Seek Relief on Expanded Executive Compensation Tax The American Institute of Certified Public Accountants (AICPA) is calling on the IRS to issue immediate transition relief and guidance …
Temporary Dyed Fuel Refund Regs Issued, IRS Seeks Comments The IRS issued guidance for taxpayers to recover federal excise tax paid on clear diesel fuel or kerosene that is …
Final Rule on Tips Deduction Released The IRS has finalized regulations implementing the “No Tax on Tips” provision of the One Big Beautiful Bill (OBBB) – …
Bipartisan Bill Targets Tax-Free Corporate Mergers Senators Sheldon Whitehouse (D-RI) and Josh Hawley (R-MO) introduced bipartisan legislation March 25 that would end tax-free treatment for many …
IRS 2025 Advance Pricing Agreement Report Released The IRS’s Advance Pricing and Mutual Agreement (APMA) program executed 110 Advance Pricing Agreements (APAs) in 2025 and saw its …
IRS Provides Details on Trump Account Elections, Pilot Contributions The IRS released proposed regulations detailing how to elect open a Trump account on behalf of an eligible beneficiary and …
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 …
What Rules Apply to 401(k) Plan Loan Repayments During a Participant’s Military Leave? QUESTION: We have several 401(k) plan participants who have been called to active military service and would like to suspend …
US Regulator Fines Dutch Affiliates of Deloitte, EY, PwC $8.5M for Widespread Exam Cheating The U.S. Public Company Accounting Oversight Board (PCAOB) fined the Netherlands affiliates of Deloitte, Ernst & Young, and PricewaterhouseCoopers a …