Regulation and compliance
Regulation
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Senate Republicans have tossed a potential bomb in the middle of their tax overhaul bill.
November 15 -
Here are the latest developments, updated throughout the day.
November 15 -
The Securities and Exchange Commission is taking a close look at the trend toward blockchain technology, including the burgeoning investments in bitcoin and initial coin offerings.
November 14 -
Making the change would produce an estimated $338 billion in savings over 10 years that would help legislators meet fiscal targets.
November 14 -
Key stumbling blocks remain for tax reform, including a ticking clock, differences in key provisions, and the cost.
November 14 -
Increases in audit fees paid by public companies aren’t necessarily producing better audit quality, according to a new report.
November 13 -
The Senate tax-writing committee plans to start hammering out the details of its tax cut proposal on Monday. The House may vote on its bill as soon as Thursday. Here are the latest developments, updated throughout the day.
November 13 -
The Senate Republican tax proposal unveiled Thursday would cost $516 billion over a decade after assuming macroeconomic benefits as a result of the tax cuts, according to a new analysis Friday by the Tax Foundation, a right-of-center Washington think tank.
November 10 -
Tax breaks cherished by both the fossil fuel and renewable energy industries emerged unscathed in a tax plan unveiled in the U.S. Senate, according to details of the bill released Thursday evening by the chamber’s main tax writing committee.
November 10 -
The Senate version of the Republican tax bill would tax wealthy private college endowments at 1.4 percent of net investment income, the same levy as the House proposal introduced last week.
November 10 -
The differing House and Senate plans leave the fate of the effort uncertain – and provide no clarity for practitioners.
November 9 -
Hurricanes Harvey, Irma and Maria, and the recent wildfires in California have affected millions of people and led to an outpouring of charitable gifts and donations, including contributions from businesses with employees in the path of the disasters.
November 9 -
The Senate tax bill that’s due to be released Thursday won’t include an excise tax on certain payments U.S. multinationals make to overseas affiliates, according to a person familiar with the legislation.
November 9 -
The Internal Revenue Service’s Large Business and International division is launching 11 more compliance campaigns looking at various ways to ensure companies are meeting their tax obligations.
November 8 -
The House tax-writing committee entered its third day of work Wednesday to hammer out the details of the Republican tax cut plan. Here are the latest developments, updated throughout the day.
November 8 -
Unchanged step-up; arguing PAL; this side of Paradise; and other highlights from our favorite tax bloggers.
November 8 -
The Financial Accounting Standards Board’s new standard on accounting for credit losses will require some major changes for banks, particularly smaller ones, as well as many companies that provide loans.
November 7 -
The Tax Cuts and Jobs Act makes major changes to individual income taxation.
November 7 -
The chairman’s mark-up of the act is only the start of the wrangling.
November 6 -
Outgoing Internal Revenue Service Commissioner John Koskinen foresees problems with tax reform if major provisions apply to the current tax year and predicted the agency would need more funding from Congress to implement the legislation if it passes.
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