11th Circuit Upholds Corporate Transparency Act In a major reversal, the U.S. Court of Appeals for the 11th Circuit has upheld the constitutionality of the Corporate …
House Committee Advances Additional Tax Administration Measures The House Ways and Means Committee advanced two tax administration bills Wednesday evening aimed at improving the taxpayer experience. One …
Dems Press Treasury on Retroactive R&E Expensing ‘Loophole’ Nine congressional Democrats urged Treasury leaders not to establish a Corporate Alternative Minimum Tax carveout for companies that accelerate their …
Bipartisan Group Pushes for Work Credit Extension, Enhancement The Work Opportunity Tax Credit (WOTC) – aimed at helping transition certain groups back into the workforce – is set …
OBBB Enhancements to Qualified Small Business Stock Rules The One Big Beautiful Bill Act (OBBB) enhanced the federal tax exclusion for certain gain from qualified small business stock …
House Passes Two Taxpayer Protection Bills The House passed two bipartisan bills aimed at strengthening taxpayer rights on December 1 – the Fair and Accountable IRS …
US GAAP Undergoes ‘Evergreen’ Refresh, Aiming to Simplify Financial Reporting for Businesses Companies will operate under clearer accounting guidance within the next two years, as the Financial Accounting Standards Board (FASB) on …
Institutional Investors Call for SEC Action on Non-GAAP Compensation, Proxy Voting As the Securities and Exchange Commission (SEC) sets its next short-term agenda, the Council of Institutional Investors (CII) has highlighted …
Paul Atkins Moves Closer to Becoming SEC Chair as Senate Panel Advances His Nomination The Senate Banking Committee on April 3, 2025, voted 13 to 11 to advance the nomination of Paul Atkins to …