Ways and Means Looking to Curb Pandemic Related Fraud Federal agencies did not strategically manage fraud risks and were not adequately prepared to prevent fraud tied to COVID-19 relief …
Senate Finance Grills IRS Chief Counsel Nominee The Biden Administration nominee to serve as IRS Chief Counsel underwent critical questioning by Republican members of the Senate Finance …
IRS Forming Backup Plans as Government Shutdown Nears The IRS is forming contingency plans as the likelihood of a government shutdown approaches, the union representing Treasury and IRS …
Government Shutdown Looms as Funding Solution Remains Elusive With just 11 days left to avoid a shutdown, House Speaker Kevin McCarthy, Republican of California, remains at odds with …
Finance Committee to Markup Bill Ending Double-Taxation between U.S. and Taiwan Senate Finance Committee Chair Ron Wyden, Democrat of Oregon, has announced plans to convene a business meeting on September 14, …
Ways and Means Seeks Input on Questionable EO Activities The Committee on Ways and Means is conducting an investigation into whether entities that qualify as tax-exempt under Code Sec. 501 are …
With Time Running Out, SEC Quickly Seeks to Consider Approving PCAOB’s Audit Firm Transparency Rules With the clock ticking with administration change next year, observers are closely watching when or if the Securities and Exchange …
New Jersey Looks to Codify Corporation Business Tax Nexus Standards By David Engel The New Jersey Division of Taxation has proposed codifying its corporation business tax nexus standards in regulation …
Alabama Establishes Portable Benefit Accounts for Independent Contractors By Denis Del Bene Alabama has enacted legislation providing for the establishment of portable benefit accounts for independent contractors and, …