Deputy Treasury Secretary: Ideal Tax System Needs a ‘Common Sense’ Approach
The most recent acting IRS commissioner told an audience of tax data analysts that research into administrative and policy matters …
Key Business Tax Provisions in the Senate’s Draft Bill
Tax experts unpacked the Senate Finance Committee’s June 16 version of the One Big Beautiful Bill Act — including key provisions for …
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 …