Firms Need to Keep Pace With Gov’t AI Adoption, Tax Pro Says
The digitalization of the economy and the acceleration of powerful artificial intelligence (AI) tools have necessitated that businesses and firms …
Thomson Reuters Tax & Accounting News
Expert Analyzes IRS Trends in Estate, Gift Tax Audit Disputes
The best way to handle gift and estate tax controversy work is to anticipate the dispute at the estate planning …
OBBB Charitable Deduction Rules Reshape Giving Strategies
One Big Beautiful Bill Act’s (OBBB) changes to the charitable deduction are forcing both individual and corporate donors to rethink …
What Is an Eligible Rollover Distribution?
QUESTION: Our company sponsors a 401(k) plan. As we review the plan’s rollover procedures, we want to confirm our understanding …
Understanding OBBB Enhancements to Employer Leave and Childcare Credits
The One Big Beautiful Bill Act (OBBB) permanently enhanced employer credits for paid family and medical leave and employer-provided childcare. …
Meeting the Moment: How Payroll Teams Can Strengthen Tax Compliance in 2026
Payroll teams enter 2026 facing sharper regulatory pressure than in recent years, as governments tighten reporting rules, adopt structured digital …
Kansas Announces Sales and Use Tax Rate Changes Effective April 1, 2026
By Ashleigh M. Paige, Esq., Checkpoint News Effective April 1, 2026, the combined Kansas state and local sales and use …
Despite Shutdown, IRS Staff to Continue Work
The IRS shared that despite a partial government shutdown, all employees will continue working this week. The agency’s employee emergency …
What OBBB Means for Your Clients’ Itemized Deductions
Practitioner’s Tax Action Bulletin® February 2, 2026 The 2025 Act (also referred to as the One Big Beautiful Bill or …
SEC Names New PCAOB Chairman and Board Members, Marking Leadership Shift
The Securities and Exchange Commission (SEC) announced late Friday afternoon, on January 30, 2026, that it has appointed retired Ernst & …
Tax Considerations for Venezuelan Americans Mulling US Exit
Some high-net-worth Venezuelan American taxpayers may be considering a change in residency ahead of possible economic headwinds in Venezuela, but …
CPAs Urge IRS to Retain Full Workforce During Possible Shutdown
The American Institute of CPAs (AICPA) is urging the IRS and Treasury to release a contingency plan that retains 100% …