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 …
SSA Announces Social Security Taxable Wage Base for 2026
SSA Press Release: Social Security Announces 2.8 Percent Benefit Increase for 2026 (Oct. 24, 2025); SSA Fact Sheet: 2026 Social …
Post-OBBB Wind and Solar Credit Pitfalls to Avoid
After the One Big Beautiful Bill Act (OBBB) and recent IRS guidance, practitioners will need to shift their strategy to …
Tax Pros Anxiously Await Guidance on New Overtime Deduction
A new temporary above-the-line deduction for overtime pay, enacted as part of the One Big Beautiful Bill Act (OBBB), is …
Tax Industry Leaders Brace for ‘Perfect Storm’ in Upcoming Filing Season
Tax industry leaders warned of a confluence of challenges in the upcoming filing season, between the government shutdown, retroactive tax …
Keeping Up With Seismic Shifts at IRS as Shutdown Continues
Tax professionals at concurrent events this week examined the government shutdown, shifts at the IRS and its enforcement priorities, and …