Miami Man Sentenced to 6.5 Years for $2.3M COVID-19 Unemployment Fraud Scheme
A Miami resident has been sentenced to 78 months in federal prison for orchestrating a multi-state unemployment insurance fraud scheme that exploited …
U.S. Supreme Court Upholds Challenged Portions of ACA Preventive Services Mandate
Kennedy v. Braidwood Mgmt., Inc., 2025 WL 1773628 (U.S. 2025) Available at https://www.supremecourt.gov/opinions/24pdf/24-316_869d.pdf The U.S. Supreme Court has ruled on …
CPAs Welcome Senate SALT Changes
As Republicans continue to move forward on their One Big Beautiful Bill Act (H.R. 1), the American Institute of CPAs …
Republican Senators Seek to Change Senate Bill Clean Energy Tax, Improve Tax Credits
By Valerie Volcovici Republican Senator Joni Ernst has introduced an amendment to the U.S. Senate’s tax and spending megabill that …
Maryland Comptroller Provides Sales and Use Tax Guidance on Data/Information Technology and Software Publishing Services
By Saleem A. Shareef The Maryland Comptroller’s Office has provided sales and use tax guidance on data or information technology …
‘Revenge Tax’ Dropped From Budget Bill as Senate Byrd Bath Continues
A controversial provision of Republicans’ One Big Beautiful Bill Act (OBBBA) that would increase tax rates on certain individuals associated …
Tax Package Hits Medicaid Roadblocks
Several Republican lawmakers are speaking out about proposed Medicaid cuts in the Senate’s tax package and the Senate parliamentarian has …
US Regulator Fines Dutch Affiliates of Deloitte, EY, PwC $8.5M for Widespread Exam Cheating
The U.S. Public Company Accounting Oversight Board (PCAOB) fined the Netherlands affiliates of Deloitte, Ernst & Young, and PricewaterhouseCoopers a …
Midyear State and Local Minimum Wage Increases
Starting July 1, 2025, several states and localities will implement increases to their minimum wage rates. This article outlines the …
New Risk Considerations for Tax-Exempt Organizations
With tax-exempt organizations facing harsher scrutiny and a higher threat of investigation this year, practitioners offered suggestions for managing risk. …