Republicans Call for Harsher Data Leak Penalties; IRS Tightens Security
publican lawmakers, led by House Ways and Means Committee Chair Jason Smith (MO), have introduced legislation that would increase penalties …
publican lawmakers, led by House Ways and Means Committee Chair Jason Smith (MO), have introduced legislation that would increase penalties …
In an attempt to stem the tide of identity theft and refund fraud, the IRS has announced increased security measures …
By Debbie Tam On May 7, 2024, IRS Commissioner Daniel Werfel, during a hearing before the House Committee on Appropriations, discussed …
Various energy tax credit programs amended or created by the Inflation Reduction Act (PL 117-169) likely will not be outright …
Kadel v. Folwell, 2024 WL 1846802 (4th Cir. 2024) In a combined decision, the Fourth Circuit has affirmed trial court …
Hill staff and tax practitioners considered how allowing Tax Cuts and Jobs Act (TCJA; PL 115-97) provisions to expire would impact …
Questions have started to trickle in to firms about new FASB accounting rules for crypto assets, and the pace is …
The Supreme Court’s looming decision in SEC v. Jarkesy has reignited discussion over “right to remove,” a decades-old concept in which the …
The FASB’s trustees are pressing for firms to submit comments about the effectiveness of the Private Company Council (PCC), the …
The IRS has the statutory authority to assess penalties for failing to report control of foreign businesses, the DC Circuit …