Domestic entities off the hook for beneficial ownership reporting under final rule
Treasury’s Financial Crimes Enforcement Network (FinCEN) has released a long-awaited final rule removing the requirement for U.S. entities and persons to report …
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
New York City to continue pied-à-terre tax rollout despite court challenge
New York City is moving ahead with its new pied-à-terre tax, despite a pending court challenge and a temporary restraining …
Congress passes taxpayer disaster relief bill
Before leaving for August recess, the Senate passed legislation aimed at providing tax relief to natural disaster survivors. Senator Ron …
Bipartisan push for semiconductor credit extension, expansion
Senate Finance Committee leadership called for an extension of the Advanced Manufacturing Investment Credit, which is available to semiconductor manufacturing …
Multistate Monitor — States diverge on data center tax incentives
While a growing number of states have begun pausing or rolling back tax incentives for data centers this year, Kentucky …
Senate panel advances broad tax administration reform package
On July 30, the Senate Finance Committee overwhelmingly approved the bipartisan Taxpayer Assistance and Service (TAS) Act, S. 3931, with a 26-1 vote, …
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Federal Student Loan Financial Aid Updates
Background For decades, the federal government has been the primary source of financial aid for students pursuing post-secondary education. Authorized …
DOL Clarifies Scope of ERISA Application to Trump Accounts, Related Employer-Facilitated Contribution Programs
DOL Technical Release 2026-02, Trump Accounts (June 17, 2026); DOL News Release, U.S. Department of Labor Issues Guidance Clarifying Trump …
Why Should Our Company Offer Adoption Assistance Benefits When the Code Already Provides a Tax Credit?
QUESTION: An employee has asked us to consider adding an adoption assistance benefit. There is also a tax credit for …