Senate Departs from House Bill on SALT
Senate Republicans have long discussed taking a different approach to tax reform from the House — in particular, by focusing …
Publisher’s Note for the Juneteenth Holiday
Due to the Juneteenth federal holiday, there will be no Checkpoint News articles published on Thursday, June 19, 2025. …
Saving for Higher Education Costs: Qualified Tuition Plan vs. Roth IRA
Practitioner’s Tax Action Bulletin® Advisory When it comes to saving for a child’s college education, many people assume they should …
Expert Discusses Tax Planning Amid Uncertainty
As the Republican tax and spending package makes its way through the Senate, one tax planner shared which provisions she’s …
IRS Gets Partial Win in $2.3 Million Estate Tax Case
The IRS scored a partial victory in a tax dispute with the estate of a late Kentucky resident, as the …
SCOTUS: IRS Levy Abandonment Moots Collection Appeals in Tax Court
The Supreme Court in an 8-1 decision held that the Tax Court lacks jurisdiction under Code Sec. 6330 to review appeals of …
Section 899 to Bring ‘Challenges’ But Will Survive in Senate Budget Bill, Tax Pros Say
Tax professionals expect a proposed addition to the Tax Code featured in the House-passed One Big Beautiful Bill Act (OBBBA, H.R. …
SALT Cap Workaround for Pass-Through Entities in Precarious Position
While lawmakers have largely focused on the individual impacts of the state and local tax (SALT) deduction cap, the One …
Most Direct File Users Had Positive Experience This Tax Season, IRS Quietly Admits
Although the future is doubtful for the future of IRS Direct File, taxpayers who completed and submitted their federal tax …
CPAs Urge IRS to Address Processing Delays
Amid IRS budget and staffing cuts, the Texas Society of CPAs is urging the agency to take several steps to …