TIGTA assesses IRS’ compliance with tax lien Collection Due Process procedures The Treasury Inspector General for Tax Administration (TIGTA) recently released a report titled “Fiscal Year 2026 Statutory Review of Compliance …
Tax experts see 2027 pressures mounting after midterm shakeup Tax professionals are entering a period of significant policy change following the 2026 midterm elections, with a potentially quiet lame-duck …
IRS allows local regulatory rules for foreign insurance reserves The IRS has privately ruled that a foreign life insurance subsidiary can use its foreign annual statement liabilities calculated under …
Court rejects government bid to dismiss scam victim’s refund suit A federal district court denied the government’s motion to dismiss a refund suit, holding that a scam victim’s informal letter …
IRS eases reporting, recordkeeping on dyed diesel The IRS has announced that it will not challenge temporary failures to meet return-filing, reporting, or recordkeeping requirements that arise …
California business owner pleads guilty to evading $6.7 million in taxes A California business owner pleaded guilty to federal tax evasion after hiding millions of dollars in income from marketing sham …
SEC Chair Criticizes Accounting Firms for Pushing Rules Driven by ‘Self-Interest’ At a conference, Securities and Exchange Commission (SEC) Chairman Paul Atkins strongly criticized accounting firms for having pressured the commission …
Delaware shortens protest timelines for trust funds, clarifies statute of limitations, standardizes information return due dates By Peter G. Pupke, Esq., Checkpoint News Delaware has enacted legislation that defines trust fund taxes, shortens protest timelines for …
Alaska Supreme Court Upholds DOR’s Interpretation of Municipal Gas Tax Credits By Maria T. Albanese, JD, LL.M, Checkpoint News The Alaska Supreme Court affirmed the Alaska Superior Court’s decision upholding the …