Regulation and compliance
Regulation
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A group of Senate Democrats introduced legislation to revive tax deductions for labor union dues and unreimbursed work expenses that were eliminated by the Tax Cuts and Jobs Act.
May 2 -
The Internal Revenue Service’s Chief Counsel has issued a memorandum providing advice on unreported tip income, with the caveat that the advice cannot be used or cited as precedent.
May 2 -
Real estate investment trusts and their investors are incontestable winners of the Tax Cuts and Jobs Act.
May 2 -
The American Institute of CPAs has issued the final two working drafts of guidance related to rev rec issues for various industries.
May 2 -
CEO Bob Oros joined the company last year from Fidelity and has been leading efforts to bring aboard more accountants in the wake of the new tax law.
May 2 -
The filing/administration gap; tinkering with reform; OIC’s many plusses; and other highlights from our favorite tax bloggers.
May 1 -
Congress is working on a major redesign of the tax agency.
May 1 -
The time to start preparing for the TCJA’s affect on individual taxpayers next year is right now.
May 1 -
The Supreme Court's ruling in Marinello makes it less likely a delinquent taxpayer will be charged with a felony.
May 1 -
NCCPAP’s Steve Mankowski shares details from a recent IRS meeting – including the cause of the Tax Day outage.
May 1 -
Europe’s plan to tax large digital companies hit resistance at a meeting of the bloc’s finance ministers as delegates tussled between a French-backed push for a quick regional agreement and calls for a global solution.
April 30 -
America’s companies are swimming in cash thanks to the big cut in the corporate tax rate.
April 30 -
House Speaker Paul Ryan, R-Wis., demanded the resignation of a clergyman who asked lawmakers not to pick winners and losers in the TCJA.
April 27 -
The Internal Revenue Service and the Treasury Department are asking the public to recommend items that should be included on their 2018-2019 Priority Guidance Plan, with the expectation that the new tax law will be at the top of the list.
April 27 -
The agency is giving a break to companies in counties where there's no SHOP Marketplace coverage available.
April 27 -
The company is probing a problem that was uncovered through an internal reporting system.
April 27 -
Chalk up a win for capital expenditures.
April 27 -
The Internal Revenue Service is granting relief to taxpayers who have family coverage under a high deductible health plan and who contribute to a health savings account.
April 26 -
The Internal Revenue Service spelled out new information reporting requirements Thursday for some life insurance contracts required under the recently enacted Tax Cuts and Jobs Act.
April 26 -
They hope to have it in legislative form by the end of the year. But that doesn’t mean it’s going to pass anytime soon.
April 25
















