Tax Pros Discuss OBBB State Conformity Challenges
As states scramble to adjust their laws after major changes to the federal tax code under the One Big Beautiful …
Maureen Leddy, Checkpoint News
Maureen Leddy covers Congress for Thomson Reuters with a focus on tax legislation.
Maureen previously worked at Trial magazine as a legal editor and at Bloomberg Law as a research analyst.
She can be reached at maureen.leddy@thomsonreuters.com.
Posts by this author
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 …
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PCAOB Criticizes EY for Quality Control Issues Third Time in a Row; Finds Deficiencies at 4 Small Firms
The Public Company Accounting Oversight Board (PCAOB) criticized Ernst & Young LLP for failing to address quality control (QC) problems …
Maryland Comptroller Alerts Taxpayers of Impact of OBBB on IRC Conformity
By Saleem A. Shareef, Esq., Checkpoint News The Maryland Comptroller’s Office has alerted income taxpayers of the impact of the …
FASB Unveils New Rules Streamlining Internal Software Accounting for Modern Development Methods
U.S. accounting rulemakers have updated the rules for how companies track and report their spending on software they build for …