How the Latest CAMT Guidance Impacts the R&E Deduction The IRS provided additional guidance on the corporate alternative minimum tax (CAMT) last week – including an important update for …
SCOTUS Considers Constitutionality of State Tax Foreclosure Practices The U.S. Supreme Court heard oral arguments February 25 in a case that could reshape how states handle tax foreclosures …
Unveiling Nonprofit Funding Via Form 990 Reform Lawmakers from across the political spectrum agreed that Form 990 – annual information reporting required of most tax-exempt organizations – …
New Energy Credit Material Assistance Guidance Leaves Open Key Questions The IRS recently issued interim guidance to assist taxpayers claiming certain clean energy tax credits comply with new restrictions on material assistance …
ADP Pushes for WOTC Screening Changes Payroll and HR services provider ADP is calling on Congress to incorporate a “legislative fix” as it considers renewal of …
Taxpayers Must Be More Diligent With Downsized IRS, Says Expert Taxpayers and practitioners must be more diligent, persistent, and organized in 2026 to navigate a “thoroughly exhausted” and understaffed IRS, …
Nebraska Amends State Sales Tax Rate, Other Provisions By Lauren M. Curran Nebraska Governor Jim Pillen has signed legislation that changes the state sales tax rate, amends definitions …
IRS Asks for Help With Combatting Digital Asset Fraud The IRS is looking for new ways to spot illicit activity in the digital asset space — and it wants …
Maine Announces Individual Income Tax Rate Schedules, Personal Exemption, Standard Deduction for 2026 Maine Revenue Services has released the individual income tax rate schedules and the personal exemption and standard deduction amounts, adjusted …