Treasury Official Unpacks Conservation Easement Settlement Offer, Previews Future Plans
On May 13, the IRS announced yet another opportunity for taxpayers involved in conservation easement disputes to settle their case. A day …
Experts Say Holistic Tax Strategy Needed for Data Center Investments
At a May 13 webcast hosted by PricewaterhouseCoopers (PwC), a panel of tax specialists argued that a sophisticated and integrated …
Data Privacy in the Age of AI: More Than Just a Tax Issue
Tax practitioners face an expanding set of data security regulations, and the rapid adoption of artificial intelligence is adding layers …
GOP Lawmakers, Trump Push Proposals to Suspend Federal Gas Tax
Republican lawmakers have introduced proposals in the House and Senate to temporarily suspend the federal excise tax on gasoline and …
Foreign Gift Penalty Suit Partially Survives IRS Attempt to Dismiss
A federal judge has ruled that the IRS has the statutory authority to assess penalties for failing to report large …
5th Circuit holds U.S. FTC’s in-house adjudication of deceptive advertising claim unconstitutional under Jarkesy
By David Carpenter, Esq., Gordon Todd, Esq., and Kenneth Coffin, Esq., Sidley Austin LLP On March 20, 2026, the U.S. …
CPAs Seek Relief on Expanded Executive Compensation Tax
The American Institute of Certified Public Accountants (AICPA) is calling on the IRS to issue immediate transition relief and guidance …
Senate Bill Takes Aim at Corporate Transparency Act
A group of Republican senators has introduced legislation to limit beneficial owner information reporting requirements to foreign entities and owners. …
Benefits of CTC Expansion Bill Vary by Family Type, Analysts Find
A Tax Policy Center (TPC) analysis of the proposed Family First Act (FFA) finds the legislation would reduce taxes for …
Expert Warns ‘Giant Mergers’ Bill Could Affect Mid-Market Deals
A proposed bill aimed at ending tax-free reorganizations for large corporations could have unintended consequences for a broad range of …