Regulation and compliance
Regulation
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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 -
A Senate hearing Tuesday indicated the politics of the tax overhaul haven’t changed since it passed in December, with Republicans singing its praises as an economist booster and Democrats torching it as a broken promise that mostly benefits the wealthiest.
April 25
















