IRS Whistleblower Claims Processing Far Too Slow, Say Practitioners
The IRS’ Whistleblower Office announced record claims numbers and awards in its annual report to Congress — but practitioners say work is …
Maureen Leddy
Maureen Leddy covers Congress for Thomson Reuters with a focus on tax legislation.
Maureen previously worked at Trial magazine as a legal editor and at Bloomberg Law as a research analyst.
She can be reached at maureen.leddy@thomsonreuters.com.
Posts by this author
Unpacking Universal Savings Accounts
Some groups are calling on Congress to establish a new type of tax-advantaged account — universal savings accounts similar to …
Bipartisan Bill Would Make Expiring ABLE Account Provisions Permanent
Senators Eric Schmitt (R-MO) and Bob Casey (D-PA) recently introduced legislation (S 4539) to extend expiring Tax Cuts and Jobs …
FDII Deduction’s Fate in Question
While some lawmakers have called for expanding the foreign-derived intangible income (FDII) deduction – which was intended to keep intellectual …
Experts Offer Advice to Charitable Hospitals as IRS Steps Up Audits
As the IRS steps up audits of tax-exempt nonprofit hospitals, experts at Grant Thornton offered advice to help tax professionals …
A New Threat to Race-based Charitable Organizations
In a case contending that a nonprofit fund benefiting Black female entrepreneurs is discriminatory, the Eleventh Circuit has sided with …
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Annual IRS Unemployment Tax Forms Confirm FUTA Credit Reduction States
The IRS issued the annual Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return, its instructions, and Schedule A (Form 940), Multi-State Employer and Credit …
Data Theft Was Not Necessarily “Gross Misconduct” That Would Preclude COBRA Coverage
Johnson v. City of Kewanee, 2023 WL 8091963 (C.D. Ill. 2023) Two city employees—a married couple—were terminated for allegedly stealing …
PCAOB Staff Report Recommends Root Cause Analysis to Improve Audit Quality
The Public Company Accounting Oversight Board (PCAOB) on April 30, 2024, published a staff report about how a root cause …