Consumer Demand for EVs Exists Regardless of Tax Credits, Senators Hear
Lawmakers considered what is driving American consumers toward electric vehicles and whether EV tax credits are necessary at a July …
Lawmakers considered what is driving American consumers toward electric vehicles and whether EV tax credits are necessary at a July …
The broad tax bill that passed the House in January with overwhelming support finally reached the Senate floor on Thursday, …
The International Accounting Standards Board (IASB) on July 31, 2024, released eight illustrative examples, including one that would encourage companies …
The U.S. Citizenship and Immigration Services (USCIS) is preparing to conduct a second random selection process for the fiscal year 2025 H-1B …
Since mid-June, the Treasury Department announced three states that did not participate in the IRS Direct File pilot this past …
FACC v. DOL, 2024 WL 3554879 (E.D. Tex. 2024); American Council of Life Insurers v. DOL, 2024 WL 3572297 (N.D. …
The Securities and Exchange Commission (SEC) is planning to adopt 16 rules in the coming months, according to the so-called …
The bipartisan $78 billion tax package that advanced out of the House early this year is slated to be considered on the …
by Niki Ford As previously reported in Checkpoint State Tax Update,1 California Governor Gavin Newsom on June 27, 2024, signed into …
There is no treaty between the federal government and a Minnesota Native American tribe, nor any statute “expressly or implicitly” …
By David Engel On July 25, 2024, Governor Phil Murphy signed legislation that will provide tax credits to eligible artificial …
Despite years of pressing the FASB to develop a standard, the crypto sector has not been scrambling to adopt new …
The Supreme Court’s decision in Loper Bright Enterprises v. Raimondo that overturned the long-standing Chevron doctrine’s deference to government agencies’ statutory interpretations may have …
In a show of bipartisanship, the House Ways and Means Committee unanimously advanced a bill that would allow child support …
The Public Company Accounting Oversight Board (PCAOB) has criticized Deloitte & Touche LLP for failing to address quality control (QC) …
Final Regulations, Required Minimum Distributions, 29 CFR Parts 1, 31, and 54, 89 Fed. Reg. 58886 (July 19, 2024); Notice …
The IRS’s 2025 draft version of Form 941, Employer’s Quarterly Federal Tax Return, contains no substantial changes from the current 2024 version. …
In providing an update on how the IRS is progressing towards ‘transformation efforts’ using Inflation Reduction Act (PL 117-169) funds, …