90-day Deadline for Filing Petition to Redetermine Employment Tax Status Not Jurisdictional
The Tax Court has determined that the 90-day deadline for filing a petition for redetermination of employment status is not …
The Tax Court has determined that the 90-day deadline for filing a petition for redetermination of employment status is not …
The measure the IRS has used for over two decades to evaluate its telephone service does not accurately “reflect the …
IRS Notice 2024-55 (June 20, 2024) Available at https://www.irs.gov/pub/irs-drop/n-24-55.pdf The IRS has released Notice 2024-55, which provides guidance on new …
The Private Company Council (PCC), a body that advises the Financial Accounting Standards Board, has identified four key areas where …
The IRS apologized to Citadel CEO Ken Griffin for the improper disclosure of the hedge fund manager’s sensitive tax information, …
With several provisions of the Tax Cuts and Jobs Act (TCJA, PL 115-97) set to expire or change in 18 months, …
By Ashleigh M. Paige On June 20, 2024, Kansas Governor Laura Kelly signed omnibus tax legislation which modifies income tax …
Senators Eric Schmitt (R-MO) and Bob Casey (D-PA) recently introduced legislation (S 4539) to extend expiring Tax Cuts and Jobs …
The U.S. Supreme Court yesterday, in a 7-2 decision in Moore v. U.S., upheld the one-time federal transition tax on accumulated earnings …
The Supreme Court held 7-2 on June 20 that the one-time mandatory repatriation tax (MRT) or “transition tax” under the …
While some lawmakers have called for expanding the foreign-derived intangible income (FDII) deduction – which was intended to keep intellectual …
The IRS has issued final regulations on the prevailing wage and apprenticeship (PWA) requirements for claiming an increased credit or …
Payroll professionals have a crucial role in identifying, tracking, and reporting unclaimed wages to prevent liability issues. As unclaimed property …
As the IRS steps up audits of tax-exempt nonprofit hospitals, experts at Grant Thornton offered advice to help tax professionals …
QUESTION: Our company sponsors a health reimbursement arrangement (HRA) that is integrated with our major medical plan. One of our …
As the Securities and Exchange Commission (SEC) is in the middle of writing a third proposal on Dodd-Frank incentive-based compensation …
The IRS and Treasury Department issued a suite of guidance as part of a new regulatory initiative aimed at closing …
Customers of major tax preparation companies should take tax advice from artificial intelligence chatbots with a grain of salt due …