Michigan Revises Sales and Use Administrative Rules
by Peter G. Pupke The Michigan Department of Treasury has adopted a general revision of its sales and use administrative …
IRS Obsoletes Notice on Exemptions, Waivers of Electronic Filing Requirements for Certain Returns
The IRS has obsoleted Notice 2010-13, which provided guidance on how certain filers could obtain administrative exemptions and waivers of the …
SEC Pauses Action Against Marcum Partner as Supreme Court Weighs Administrative Judge Constitutionality
The SEC on Aug. 7, 2023, indefinitely postponed its administrative action against a Marcum LLP partner while the Supreme Court …
IRS Issues Final Regs and Guidance Regarding Increased Energy Credit
The IRS issued final regs and Rev Proc 2023-27 to provide guidance for owners of certain solar or wind facilities built in …
PCAOB Faces Competing Requests in Revising Audit Requirements for Non-Compliance with Laws and Regulations
Judging by the unusually high number of comment letters the Public Company Accounting Oversight Board (PCAOB) has received—121 as of …
Draft Form for Qualified Small Business Payroll Tax Credit Released
The IRS has issued an August 7, 2023 draft version of Form 8974, Qualified Small Business Payroll Tax Credit for Increasing …
Treasury Announces Plans to Educate Small Businesses on Anti-money Laundering Rules
By Brett Wolf The U.S. Treasury Department’s anti-money laundering bureau will soon publish a guide and establish a support center …
Surprise Billing IDR Process Temporarily Halted in Latest Win for Providers
Texas Med. Ass’n v. HHS, 2023 WL 4977746 (E.D. Tex. 2023) In the latest installment of an ongoing dispute between …
Bipartisan House Bill Would Streamline New Additions to Taxable Vaccines List
Proposed legislation from two members of the House Ways and Means committee aims to automate the process of subjecting new …
IFRS Interpretations Committee Decisions Came Under Fire from Two Organizations, Trustees Oversight Body Says
The IFRS Foundation’s Due Process Oversight Committee (DPOC) received a letter from two organizations, expressing concerns that the IFRS Interpretations …