New ACA Premium Tax Credit Options Floated
The Senate has advanced a package to end the shutdown – with House consideration expected today. The package, however, holds …
How the OBBB Impacts Year-End Charitable Giving
The One Big Beautiful Bill Act (OBBB) makes several changes to the charitable deduction beginning in 2026, including introducing new …
IRS Updates Shutdown Contingency Plan
The IRS quietly updated its lapsed funding contingency plan, slightly boosting the number of staff working during the shutdown. The …
Former IRS Commissioner Shares Concerns for Upcoming Tax Season
With the start of the next tax filing season just months away, former IRS Commissioner Danny Werfel expressed concern over …
Prepping for Mandatory Roth Catch-up Contributions Next Year
A tax planning expert advises that high-income taxpayers aged 50 and above should view the upcoming mandatory Roth catch-up contribution …
Estimated Impact of ACA Premium Tax Credit Expiration
Enhanced Affordable Care Act premium tax credits (PTCs) are set to expire at the end of 2025, and without congressional …
CPA: IRS Cuts, Shutdown Wearing on Taxpayers While Remaining Staff Hold Down Fort
The government shutdown is compounding delays and other ongoing issues at an already pared-down IRS, leading to significant taxpayer service …
Inside Tax-exempt Status Audits, Revocation Challenges
A panel of tax law experts and Tax Court judges at the American Bar Association (ABA) Virtual Fall Tax Conference …
Experts Offer Tips on R&E Expensing Post-OBBB
Businesses can once again immediately expense their domestic research and experimental (R&E) expenditures after the One Big Beautiful Bill Act …
AICPA Issues Technical Q&As on Technology Use in Financial Statement Audits
The AICPA on October 23, 2025, published technical questions and answers (TQA) section 8400, Use of Technology in an Audit …