Bipartisan duo seek to ensure nonprofit status does not constitute ‘government handout’
A new bipartisan bill aims to ensure tax-exempt status does not equate to a federal government grant or subsidy. Proponents …
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
Multistate Monitor — As states decouple from OBBB, expert explains how to address now-incorrect tax estimates
A tax pro explained how taxpayers can handle state tax underpayments resulting from retroactive changes after the One Big Beautiful …
Republicans hesitant on AI taxes, says expert
Amid competitiveness concerns and fundamental questions about tax structure, one expert said congressional Republicans have been largely quiet about a …
Multistate Monitor — As states decouple from OBBB, expert explains how to address now-incorrect tax estimates
A tax pro explained how taxpayers can handle state tax underpayments resulting from retroactive changes after the One Big Beautiful …
New York City extends pied-a-terre exemption deadline, removes some property owners from list
New York City has pushed back the deadline for residential property owners to request an exemption from the new pied-a-terre …
Experts unpack proliferating AI tax proposals
Lawmakers have proposed a variety of options to change the tax treatment of AI, from new excise taxes to eliminating …
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Accountants’ New Warning: Political Interference in FASB Revives Old Threat to Financial Reporting Credibility
The integrity of U.S. financial reporting, long considered the “gold standard” globally, faces a familiar challenge as political maneuvers again …
Treasury Optimistic About Tax Season Despite Concerns Over Delays
The National Taxpayer Advocate’s latest annual report to Congress warns that significant workforce reductions and complex new tax laws present …
Banks are using AI to review loans, but humans still make the final loss call
Banks are beginning to use artificial intelligence to handle time-consuming parts of the loan-loss process, but they are not letting …