To File or Not to File: Corporate Transparency Act Next Steps
After a Texas federal district court halted enforcement of the Corporate Transparency Act weeks before the filing deadline for most …
End Direct File on ‘Day One,’ Say House Republicans
Representative Adrian Smith (R-NE), joined by 27 House Republicans, urged President-elect Donald Trump to immediately end the IRS’ free e-filing …
2024 Required Amendments List Primarily Addresses Optional Plan Provisions
IRS Notice 2024-82 (Dec. 5, 2024) Available at https://www.irs.gov/pub/irs-drop/n-24-82.pdf The IRS has issued its 2024 Required Amendments List (RA List) …
Dems Renew Call for Action on Premium Tax Credit
After the Congressional Budget Office (CBO) found that 3.8 million Americans will go uninsured if an expiring tax credit is …
The SALT Battle
The future of the state and local tax (SALT) deduction cap may play a pivotal role in the 2025 tax …
IRS Criminal Investigation Boasts 90% Conviction Rate in FY24
In its fiscal year 2024 annual report, the IRS Criminal Investigation (IRS-CI) unit announced its workforce grew to its biggest size …
Werfel, Lawmakers React to Trump’s IRS Commissioner Pick
Current IRS Commissioner Danny Werfel spoke at a tax conference hosted by the University of Texas following President-elect Donald Trump’s …
DOL Proposes to End Subminimum Wage for Workers with Disabilities
The U.S. Department of Labor (DOL) proposed a rule aimed at eliminating certificates that allow employers to pay workers with disabilities less …
With Reporting Deadline Looming, Court Blocks Corporate Transparency Act Enforcement
On December 3, a Texas federal district court preliminarily barred enforcement of the Corporate Transparency Act nationwide — the broad …
SCOTUS Weighs Bankruptcy Trustee’s Ability to Claw Back Tax Payments
This Monday, the U.S. Supreme Court considered whether federal tax payments made on behalf of a now-bankrupt company’s owners can …