What to Expect From Clean Energy Tax Incentives Post-OBBBA
Tax and energy policy experts agree that while the One Big Beautiful Bill Act (OBBBA), will slow clean energy deployment, …
Michigan Issues Guidance on Recent Social Security Taxation Changes
By Peter G. Pupke, Esq., Checkpoint News The Michigan Department of Treasury has issued a release explaining the recent changes …
Trump Pulls IRS Chief Counsel Nominee After Backlash Over Democrat Ties
President Trump has withdrawn his nomination of Donald Korb as the IRS’ top lawyer ahead of his scheduled confirmation vote. Although the …
Investors to Gain Greater Clarity as FASB Ends ‘Double-Counting’ of Loan Losses
U.S. banks and other financial institutions that buy loans are poised for significant accounting changes by 2027, as new rules …
Changes Ahead for Taxpayers with Discharged Student Loan Debt
A Biden-era tax exclusion for certain student loan discharges is set to expire at year-end, causing discharged balances to be …
Disclosure Rationalization Project Likely Means Major Overhaul of SEC Rules, Former Officials Say
While SEC Chair Paul Atkins’s first rulemaking agenda is significantly shorter compared to that of his predecessor, Gary Gensler, there …
Former SEC Officials Welcome Leadership Change in Corporation Finance Division
At a conference, former SEC officials—now in private practice—were enthusiastic about the newly appointed director of the Division of Corporation …
Tax Pros Urge Caution in 2025 Overtime Reporting
The new federal overtime deduction – adopted midyear but effective for qualified overtime earned beginning January 1, 2025 – has …
Corporate Alternative Minimum Tax Guidance: What We Know So Far
In a November 6 webcast, a panel of Ernst & Young (EY) tax professionals analyzed the suite of interim IRS …
Do We Have to File a Gag Clause Prohibition Compliance Attestation Every Year?
QUESTION: We have previously filed a Gag Clause Prohibition Compliance Attestation (GCPCA) for our self-insured group health plan. Do we …