OBBB expands itemizing but complicates year-end planning, CPA says
Last year’s federal tax law gave more taxpayers reason to itemize, but income-based phaseouts and state decoupling have complicated year-end …
Tim Shaw, Checkpoint News
Senior Editor
Tim Shaw covers developments from the IRS and tax organizations for Thomson Reuters, including issues impacting taxpayer service, compliance, and technology.
Tim previously worked at Tax Analysts on Tax Notes Today State.
He can be reached at tim.shaw@thomsonreuters.com.
Posts by this author
Former IRS chiefs, taxpayer advocate want Form 1040 citizenship question dropped
A group of tax experts, including two former IRS commissioners and a former National Taxpayer Advocate, has urged the Treasury …
Multistate Monitor — Clients unaware of state OBBB decoupling gaps, expert says
Many clients don’t realize some states have rejected federal tax breaks in the 2025 tax law, while state tax increases …
Tax pros urge annual reasonable compensation reviews for S corps
Tax professionals should document reasonable compensation for S corporation owners every year as California turns to algorithms to flag low …
Scholarship groups should prepare for compliance now, tax pro says
Organizations hoping to receive contributions that qualify for the new federal scholarship tax credit should build their compliance systems now …
Tax pros gauge midterm elections’ impact on policy outlook
The 2026 midterm elections will determine whether Congress moves tax legislation in the lame-duck session or the next Congress, and …
More answers
EWA legislation may spur a broader transformation in payroll payments, industry executive says
Earned wage access (EWA) has traditionally been marketed as a workplace benefit, giving employees the ability to access wages they …
What Expenses Can Be Reimbursed Under a Qualified Educational Assistance Program?
QUESTION: If our company sets up a qualified educational assistance program, what expenses can the program reimburse? For example, can …
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 …