Senate passes broad tax administration reform legislation
In its last planned session day before the midterm elections, the Senate unanimously passed the Taxpayer Assistance and Service (TAS) …
Bill aims to enhance Saver’s Match before it takes effect
Senator Ron Wyden (D-OR) has introduced legislation to expand the new Saver’s Match program before it takes effect in 2027. …
Missing inflation month poses little risk to 2027 tax figures, experts assure
A gap in federal inflation data caused by the 2025 government shutdown has raised questions about how the IRS will set …
Key 2027 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 2027 inflation-adjusted tax numbers are Thomson Reuters …
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. …
Watchdog Concerned About IRS Filing Season Readiness
The Treasury Inspector General for Tax Administration (TIGTA) is concerned that the IRS may not be ready for the 2026 …
Wealth Management Expert’s Post OBBBA Planning Tips for High Earners
Michele Martin heads the wealth management practice at EisnerAmper and is the president of Prosperity. She shared with Checkpoint her …
Chart Summary of Individual Tax Provisions – One Big Beautiful Bill
Practitioner’s Tax Action Bulletin® On 7/4/2025, President Trump signed the One Big Beautiful Bill Act (P.L. 119-21; “the 2025 Act”), …
‘One Powerful Bill’ To Address Expiring Tax Provisions and More
Republicans are eager to start delivering on President-elect Donald Trump’s campaign promises via reconciliation — a fast-track option available when …
Final Forms and Instructions for IRS’ 2024 ACA Reporting Available
The IRS has released final forms and instructions for Affordable Care Act (ACA) information reporting for 2024. As a reminder, Forms 1094 -B and …