FDIC Proposes Comprehensive Reporting, Audit Rules for Stablecoin Issuers Under GENIUS Act
The Federal Deposit Insurance Corp.’s (FDIC) April 7, 2026, proposed rulemaking tied to the Guiding and Establishing National Innovation for …
Thomson Reuters Tax & Accounting News
Experts Mull Revenue Raisers to Combat Budget Deficits
Tax policy experts debated whether rising federal debt poses an imminent fiscal crisis or a slower erosion of American living …
West Virginia Enacts Defined Audit Disclosure Rules, Replacing General Rule
By Lisa Lopata, Esq., Checkpoint News West Virginia has clarified the bar on public disclosure of its Tax Division’s internal …
Are Further Tax Changes Possible in Reconciliation 2.0?
The likelihood of further Republican-backed tax law changes is in flux as GOP leaders pursue a second reconciliation bill — …
Companies Rush to Market Only to See Deals Falter Over Financial Reporting Gaps
A growing wave of retirement-age business owners is heading for the exit—and private equity firms are knocking harder than ever. …
Final Rule on Tips Deduction Released
The IRS has finalized regulations implementing the “No Tax on Tips” provision of the One Big Beautiful Bill (OBBB) – …
Cities and States May Have to Spell Out Risks Tied to Aging Roads, Bridges and Water Systems
A new accounting proposal would require the nation’s cities and states to provide a clearer picture of the age of …