Proposed Regs Amend Definition of ‘Coverage Month’ for Premium Tax Credit
The IRS issued proposed regs on September 16 amending the computation of the Premium Tax Credit (PTC) by adjusting what …
Senators Debate How to Get to ‘Fair’ Taxation
At a September 12 hearing previewing next year’s tax reform debate, Senate Finance Committee Chair Ron Wyden (D-OR) suggested that …
IRS Issues Long-Awaited Corporate Alternative Minimum Tax Regs
Over two years since the enactment of the Inflation Reduction Act (P.L. 117-169), the Treasury Department and IRS has issued …
Ways and Means Advances Five Tax Measures
On Wednesday, House Ways and Means Committee members marked up five tax-related bills — while debating everything from gun control …
Key 2025 Figures Calculated by Thomson Reuters Checkpoint Based on Inflation Data Now Available
Many tax, expensing, and penalty figures are adjusted annually for cost-of-living increases. These adjustments reflect the average chained Consumer Price …
Expanded Premium Tax Credit Driving Affordable Care Act Enrollment, Treasury Data Shows
Broadened eligibility for the Premium Tax Credit (PTC) first included in a COVID-19 relief package and extended the following year …
Corporate Transparency Act Challenge Fails to Meet ‘Very High Bar,’ Says Government, Citing SCOTUS Social Media Decision
Treasury and National Small Business United (NSBU) exchanged briefs on the implications of the U.S. Supreme Court’s July ruling on …
Energy Policy Expert Talks Tax Credit Successes, Future Expansion
Leslie Chang, director of strategy and policy at Caelux — a builder of perovskite solar cells — was involved in advocating …
Bipartisan Effort Would Add Another Way to Save for Health Care Expenses
Last week, a bipartisan group of lawmakers introduced a bill to create a new type of tax-advantaged savings account to …
Fourth Circuit Okays Dismissal of Credit Suisse Whistleblower’s Suit
The 4th U.S. Circuit Court of Appeals found that a Credit Suisse whistleblower was not entitled to a hearing before …