QUESTION: We’ve heard that employer-provided health plans are subject to Medicare Secondary Payer (MSP) mandatory reporting requirements. Does our company …
In a significant move to bring accounting practices in line with modern technology, the FASB on October 29, 2024, proposed …
A federal appellate court correctly affirmed the district court’s decision to deny tax-exempt status to an Iowa-based religious entity for …
Over 60% of large companies reviewed believe they have material artificial intelligence (AI) risks, according to a new report by …
By Rita L. Eng On October 25, 2024, North Carolina Governor Roy Cooper signed the Disaster Recovery Act of 2024—Part …
With the Treasury Department reporting a $1.8 trillion budget deficit for fiscal year 2024, and interest on the federal debt …
The IRS issued final regs implementing Code Sec. 45X under the Inflation Reduction Act (P.L. 117-169) to further the Treasury Department’s goal …
Summary: The following article is a conversation with Thomas Quaadman, executive vice president of the U.S. Chamber of Commerce Center …
On Wednesday, the IRS excused tax-exempt organizations from the requirement to file Form 4626, Alternative Minimum Tax – Corporations, for tax year …
The IRS has released the 2025 cost-of-living adjustments (COLAs) for a wide variety of tax-related limits, including limits relating to …