Sanders calls for tax on ‘systemically important AI activity,’ payable in equity Senator Bernie Sanders (I-VT) has proposed a remittance tax on certain artificial intelligence companies amounting to 50% of the company’s …
After clean energy credit eligibility ruling, tax pro advises ‘staying the course’ Earlier this month, the U.S. District Court for the District of Columbia vacated Treasury guidance that had limited options for …
New initiative aims to extend Trump account benefits to foster children The Trump administration announced plans to allow child welfare agencies to elect to open a Trump account for children in …
Former Congressional Tax Counsel Unpacks Planned Form 990 Overhaul Following Treasury’s recent announcement that it plans to revise Form 990 — the information return required annually of tax-exempt organizations — a …
NY Budget Creates Administrative Burdens, Says Tax Expert New York’s recently enacted fiscal year 2026-2027 budget decouples from various federal tax changes, but EY’s Scott Roberti said divergence between the …
Concerns About Paper Check Refund Delays Continue Representative Danny Davis (D-IL) remains concerned about the speed at which the IRS is providing paper check refunds to taxpayers …
What Should We Do If the Post Office Returns a COBRA Election Notice as Undeliverable? QUESTION: Our company (as plan administrator of our health plan) recently mailed a COBRA election notice by first-class mail, but …
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 …
PCAOB Chairman Logothetis Plans Overhaul of Audit Inspections to Protect Investors Emphasizing that the audit inspection program is the most important aspect of the Public Company Accounting Oversight Board (PCAOB), new Chairman …