Who Can Make Additional 401(k) Catch-up Contributions Under the SECURE 2.0 Act?
QUESTION: We understand that the SECURE 2.0 Act permits additional catch-up contributions for older participants. Can you explain how these rules …
QUESTION: We understand that the SECURE 2.0 Act permits additional catch-up contributions for older participants. Can you explain how these rules …
Republicans have a “math problem,” a KPMG policy expert concluded, because extending tax cuts, the potential revenue raisers, and the …
A digital asset tax expert and an IRS official advised practitioners to consider their options presented in recent guidance that …
Practitioner’s Tax Action Bulletin® Advisory Fall is the time for tax planning and advisory services. Tax practitioners should have a …
The Public Company Accounting Oversight Board (PCAOB) on November 21, 2024, adopted two separate but related rules intended to increase …
The IRS is urging businesses to resolve improper Employee Retention Credit (ERC) issues now. The employer deadline for the second …
Senators Elizabeth Warren (D-MA) and Chuck Grassley (R-IA) urged the IRS to take a closer look at hospitals claiming a …
The IRS has updated its FAQs on the reemployment of veterans and the restoration of retirement plan benefits under the …
The IRS finalized regs providing guidance on how clean energy projects with multiple owners can elect to not be treated …
Republicans secured the trifecta of the presidency, House, and Senate, and many experts predict that tax reform — including extension …
By Vidor A. Nosce The Massachusetts Department of Revenue has issued guidance on recent law changes included in the FY …
The Public Company Accounting Oversight Board (PCAOB) will no longer consider finalizing its controversial standard-setting project on the auditor’s consideration …
The Financial Accounting Standards Board (FASB) is taking aim at the confusing array of non-GAAP financial measures that companies use …
With the Corporate Transparency Act’s beneficial ownership information (BOI) reporting deadline fast approaching, some CPAs are hesitant to advise their …
On November 4, the U.S. Supreme Court denied certiorari to a taxpayer who asked it to settle a multi-circuit split over the …
Pending rules that would shorten third-party notice requirements by allowing the IRS broader discretion in excepting the 45-day window under …
The Public Company Accounting Oversight Board (PCAOB) on November 14, 2024, voted unanimously to adopt a portion of a proposing …
Returning from a six-week district work period, the House considered two measures on Social Security that would impact public service …