Will the New Partnership Related Party Basis-Shifting Rules Survive?
Practitioner’s Tax Action Bulletin® Advisory In June 2024, the IRS released a guidance package on related party basis adjustments (RPBAs) …
Nikki Sohal, CPA, Checkpoint News
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Civil Rights Orgs Confident Ahead of Arguments in IRS-ICE Data Sharing Case
The U.S. Court of Appeals for the D.C. Circuit was scheduled to hear arguments Friday in a case concerning the …
AICPA Issues Technical Q&As on Technology Use in Financial Statement Audits
The AICPA on October 23, 2025, published technical questions and answers (TQA) section 8400, Use of Technology in an Audit …
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 …