Tax Considerations for Venezuelan Americans Mulling US Exit Some high-net-worth Venezuelan American taxpayers may be considering a change in residency ahead of possible economic headwinds in Venezuela, but …
CPAs Urge IRS to Retain Full Workforce During Possible Shutdown The American Institute of CPAs (AICPA) is urging the IRS and Treasury to release a contingency plan that retains 100% …
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 …
What the OECD Side-by-Side Deal Means for US Multinationals While the Organization for Economic Development’s (OECD) new global minimum tax guidance is welcome relief for U.S.-parented multinationals, a new …
Tax Pros Share Tips for Clearing Filing Season Hurdles Tax practitioners are set to face a uniquely challenging 2026 tax season, shaped by major new retroactive tax legislation, ongoing …
Ways and Means Seeks IRS Action on Minnesota Non-Profit Fraud Scheme House Ways and Means Committee Chairman Jason Smith (R-MO) urged the IRS to take action to prevent taxpayer-funded fraud from …
Minnesota Issues 2022 and 2023 Nonconformity Guidance By Peter G. Pupke, Esq., Checkpoint News Under current law, definitions used in determining Minnesota taxable income are based on …
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 …
Texas Provides Guidance on the Conformity of Texas Franchise Tax to the Internal Revenue Code By Ashleigh M. Paige, Esq., Checkpoint News The Texas Comptroller of Public Accounts has provided guidance on the policy change …