Senate Bill Takes Aim at Corporate Transparency Act
A group of Republican senators has introduced legislation to limit beneficial owner information reporting requirements to foreign entities and owners. …
Thomson Reuters Tax & Accounting News
What Is the Status of the ACA’s Insured Health Plan Nondiscrimination Requirements?
QUESTION: We recall that the Affordable Care Act (ACA) requires insured group health plans to satisfy nondiscrimination rules similar to …
Benefits of CTC Expansion Bill Vary by Family Type, Analysts Find
A Tax Policy Center (TPC) analysis of the proposed Family First Act (FFA) finds the legislation would reduce taxes for …
SEC Proposes Optional Semiannual Reporting for Public Companies
The Securities and Exchange Commission (SEC) on May 5, 2026, issued a rule proposal that would give public companies the …
Maryland Amends MPU Sales and Use Tax Certificate Provisions for Digital Products or Services
By Saleem A. Shareef, Esq., Checkpoint News On April 28, 2026, Maryland Governor Wes Moore signed legislation that amends the …
Expert Warns ‘Giant Mergers’ Bill Could Affect Mid-Market Deals
A proposed bill aimed at ending tax-free reorganizations for large corporations could have unintended consequences for a broad range of …
Multistate Tax Trends: Former FTB Attorney Shail Shah on California Controversy and Planning Strategies
Multistate tax practice is always evolving. The Catalyst state team stays on top of trends, frequently consulting with SALT practitioners …
Earned Wage Access Raises Renewed Questions Under IRS Constructive Receipt Rules
Earned wage access (EWA) programs allow employees to draw a portion of wages already earned before a scheduled payday and …
PCAOB Investor Advisory Group Seeks Nominations for Best Critical, Key Audit Matters in 2025 Filings
For the third year in a row, the Public Company Accounting Oversight Board (PCAOB) Investor Advisory Group (IAG) is inviting the public …
Wyden Refers Puerto Rico Tax Incentive Probe to IRS
Senate Finance Committee Ranking Member Ron Wyden (D-OR) has formally referred information from his committee’s investigation into the abuse of …
AI Spending Puts a New Question in Deal Talks: Expense or Investment?
Artificial intelligence is giving some baby boomer business owners one more reason to sell: They don’t want to deal with …
Tax Practitioner Warns of AI Accuracy, Privacy Risks
While AI can be a powerful tool, tax practitioners should always verify the accuracy of AI-generated output and take steps …