Outsourcing payroll does not necessarily transfer employment tax risk, executive says
Employers may outsource payroll processing, tax calculations, return preparation, and tax deposits, but they should not assume that doing so …
2nd Circuit sides with government in limited partner tax dispute
The definition of “limited partner” for purposes of the self-employment tax exclusion hinges on a partner’s management and control activities, …
AI won’t fix broken finance departments — CFOs say the real work is on them
Artificial intelligence is handing finance chiefs powerful new tools — but it can’t clean up a mess built on “sticky …
SEC faces delays on semiannual reporting proposal amid record number of comment letters
When the Securities and Exchange Commission (SEC) in May issued a proposal that would give public companies the option to …
Group says government is ignoring ‘constitutional elephant’ in Corporate Transparency Act dispute
The National Small Business Association urged the Supreme Court to review the Corporate Transparency Act’s (CTA) constitutionality, arguing in a …
Multistate Monitor — State R&E conformity creates confusion, complexity for business
The federal rules for deducting research and development costs are settling after changes under the One Big Beautiful Bill Act. …
PCAOB reorganizes, reverts Investor Advocate role to communications office
The Public Company Accounting Oversight Board (PCAOB) is eliminating its standalone Office of the Investor Advocate and moving the Investor Advocate …
LB&I chief shares priorities, provides workforce updates
IRS Large Business and International (LB&I) Division Commissioner Mabeline Baldwin shared the division’s current priorities and how it’s adjusting to …
Key 2027 figures calculated by Thomson Reuters Checkpoint based on inflation data now available
Many tax, expensing, and penalty figures are adjusted annually for cost-of-living increases. These 2027 inflation-adjusted tax numbers are Thomson Reuters …
D.C. Circuit blocks IRS from sharing taxpayer data with ICE
A federal appeals court has affirmed a preliminary injunction blocking an IRS policy that disclosed thousands of taxpayers’ addresses to …