New Coalition Targets Republican Tax Plans As House Republicans left Miami without a firm plan to extend expiring provisions of the 2017 Tax Cuts and Jobs …
Draft Bill Aims to Strengthen Taxpayer Rights Top Senate taxwriters released draft legislation Thursday that they say would “improve the taxpayer experience” — included are proposals to …
Trump Renews Call for Tax-Free Tips President Donald Trump renewed his call to eliminate federal taxes on tipped income last weekend. Lawmakers have offered a few …
Executive Order Targets ‘Green New Deal’ Among the flurry of actions taken by President Donald Trump on his first day in office was issuing an executive …
On Menu of Tax Reform Options: Cutting SALT Deduction As tax discussions ramp up, Republicans have compiled a lengthy menu of options, including five that would revise the deduction …
Werfel Resigns as Trump Takes Office IRS Commissioner Danny Werfel announced on Friday that he would leave the agency before the end of his term, ahead …
Exempt Org Foreign Reporting Forms Burdensome, IRS Told Several organizations responded to an IRS request for comment on filing obligations of tax-exempt entities to say that three forms …
US Audit Regulator Imposes Record Penalty on KPMG Netherlands for Exam Cheating by Hundreds of Professionals The US Public Company Accounting Oversight Board (PCAOB) on April 10, 2024, said it fined KPMG Netherlands a record $25 …
In Victory for Industry, SEC Punts on PCAOB’s Auditor Transparency Rules In a victory for public company auditors, the current leadership of the Securities and Exchange Commission (SEC) decided not to …