Senators Grill IRS Chief Counsel Nominee Senators questioned Donald Korb, Trump’s pick for the IRS’ chief legal advisor on Wednesday. Among their concerns – Korb’s recent …
Small Business R&E Expensing Changes Explained Small businesses with domestic research and experimental (R&E) expenses have new options under the 2025 Tax Act, or One Big …
Premium Tax Credit Changes Ahead The July 4 Tax Act (P.L. 119-21) will soon make it harder for many obtain health coverage – recent regulatory …
With Congress Back, Here’s What to Watch in Tax Lawmakers return to Washington this week after over a month-long recess, and funding the government is expected to be first …
Amid Budget Cuts, AI Could Play Role in IRS Modernization As the IRS gears up for the upcoming filing season and implements provisions of the new Tax Act, recent efforts …
Cuts in Multilingual Resources May Impact Tax Compliance Congressional Democrats are urging that the IRS maintain resources and services for non-English speakers – contending that eliminating these options …
FASB Seeks Input on Standardizing Non-GAAP Financial Measures The Financial Accounting Standards Board (FASB) is taking aim at the confusing array of non-GAAP financial measures that companies use …
Investor Group Presses New SEC Leadership to Address Non-GAAP in Executive Pay With new leadership at the Securities and Exchange Commission (SEC), the Council of Institutional Investors (CII) is once again urging …
2024 Required Amendments List Primarily Addresses Optional Plan Provisions IRS Notice 2024-82 (Dec. 5, 2024) Available at https://www.irs.gov/pub/irs-drop/n-24-82.pdf The IRS has issued its 2024 Required Amendments List (RA List) …