Amicus briefs urge 5th Circuit to resurrect suit challenging Johnson Amendment Multiple groups have filed friend-of-the-court briefs with the 5th U.S. Circuit Court of Appeals, arguing that a district court wrongly …
Expert warns of gift tax ‘cliff’ for Trump account donors An expert welcomed the IRS’ recently announced gift tax reporting safe harbor for Trump account contributions — but he cautioned …
Lawmakers caution Trump-IRS settlement could provide multiple companies with ‘get-out-of-jail-free cards’ A trio of Democrats has asked 11 company and organization leaders whether they believe that, due to ties to President …
Corporate Transparency Act challenges still pending as SCOTUS term wraps up The U.S. Supreme Court wrapped up its October 2025 term last week but has yet to reveal whether it will …
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 …
Is an SPD Required for Our Company’s Health FSA? QUESTION: Our company will begin offering a health FSA next year. Will we need to prepare and distribute a summary …
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 …
Loper Bright Has Not Yet Led to an Anti-Reg ‘Tsunami,’ Legal Experts Say Leading tax and administrative law experts unpacked evolving regulatory challenges following the Supreme Court’s landmark decision in Loper Bright, which overruled …