Regulation and compliance
Regulation and compliance
-  Senate Republicans appear to be making progress in resolving differences with House Republicans in the state and local tax deduction and other matters. June 27
-  The agreement involved raising the limit on the state and local tax deduction to $40,000 a year for five years. June 27
-  The remarks give Republican negotiators additional breathing room as lawmakers remain at loggerheads over several issues in the massive economic package. June 27
-  Effort to eliminate regulations on short-barreled rifles, short-barreled shotguns and silencers hit a roadblock with the Senate parliamentarian. June 27
-  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
-  The development could bring great relief to Wall Street investors worried about punitive tax measures on foreigners. June 26
-  Senate Parliamentarian Elizabeth MacDonough ruled ineligible provisions that would have limited states' ability to tax health care providers to fund Medicaid. June 26
-  Silicon Valley leaders are throwing their weight behind the tech industry's drive to use Trump's tax bill to sweep away state regulations on artificial intelligence. June 25
-  Taxpayers made receive notices in error that say the Internal Revenue Service hasn't received their electronic payments. June 25
-  DOJ clipped; seven years of Wayfair; the true reason to change the IRC; and other highlights from our favorite tax bloggers. June 24
-  The administration expects Senate leaders to bring the massive legislation to the floor on Thursday. June 24
-  Senate Republicans are aiming to wipe away budget red ink from the GOP's signature tax-and-spending bill with an unprecedented parliamentary maneuver. June 24
-  The distinctions between the two versions of the Trump tax bill aren't huge, but they could still make a big difference. June 24
-  Senate Republicans are coming around to the $40,000 cap on state and local tax deduction key House lawmakers demand in President Trump's massive tax package. June 24
-  The parliamentarian ruled the proposal is outside of the scope of the fast-track budget process for implementing a $4.2 trillion tax cut. June 24
-  The industry is awaiting SEC approval for dozens of applications, even as Vanguard's shareholder case highlights some of the tax complexity of the looming shift. June 23
-  The International Accounting Standards Board and its parent, the IFRS Foundation, released guidance on management commentary and climate disclosures. June 23
-  President Trump's tax-and-spending agenda is nearing a climactic vote in the Senate this week. June 23
-  The provision would have eliminated the Public Company Accounting Oversight Board and transferred its responsibilities to the Securities and Exchange Commission. June 20

















