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The Senate made adjustments to preserve the state and local tax deduction for pass-through entities such as accounting firms.
June 30 -
The U.S. Supreme Court refused to question an IRS summons that forced Coinbase to turn over transaction information for over 14,000 cryptocurrency customers.
June 30 -
Technology is driving transformation in audit at an ever-faster pace, says EY's Paul Goodhew.
June 30 -
Voting 6-3, the justices rejected contentions that Congress unconstitutionally handed off its taxing powers.
June 27 -
AI-driven firms fail to mention that if their AI-generated tax advice results in an audit, their customers, not the firms themselves, are held legally liable.
June 27W. Paul Mattox, CPA -
A deal with G-7 allies will exclude U.S. companies from some taxes imposed by other countries in exchange for removing Section 899 from Trump's tax bill.
June 26 -
The Securities and Exchange Commission is taking initial steps on overhauling rules governing disclosures of executive compensation, including bonus clawbacks.
June 26 -
Intuit has created a team of artificial intelligence-powered agents for QuickBooks to help businesses and their accountants.
June 26 -
The development could bring great relief to Wall Street investors worried about punitive tax measures on foreigners.
June 26 -
Cutbacks at the Internal Revenue Service portend difficult tax seasons ahead, Taxpayer Advocate Erin Collins reported to Congress.
June 25