Regulation and compliance
Regulation
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The party has lurched in recent days between giving up on repealing Obamacare and restarting talks over a new Trump administration proposal.
July 21 -
The sharing economy might have to start paying more taxes to the IRS.
July 21 -
The Senate bill reduces the deficit by $420 billion, the CBO said, compared with the $321 billion in deficit reduction in an earlier version, giving Republican leaders additional money they can use to court holdout votes. Much of the increased funding comes from a decision to no longer cut taxes on the wealthy.
July 20 -
A group of 16 House Democrats has sent a letter to the Financial Accounting Standards Board asking it to require multinational companies to disclose more country-by-country reporting information in their public financial statements about where they pay taxes and book profits.
July 19 -
The Top 100 Firm is combining with a consultancy in Portland, Maine.
July 19 -
The president may fall short of a single major legislative accomplishment in 2017.
July 19 -
Senate Majority Leader Mitch McConnell’s new proposal to simply repeal Obamacare appears to be dead less than 24 hours after he dropped his replacement plan for lack of support among fellow Republicans.
July 18 -
The American Institute of CPAs sent a set of tax reform recommendations to Senate Finance Committee chairman Orrin Hatch, R-Utah, as the committee held back-to-back hearings Tuesday morning on tax reform and confirmation of an Assistant Secretary of the Treasury who will be in charge of tax policy and came from a firm that promoted controversial tax shelters.
July 18 -
ID theft keeps on rolling; will Trump prune the IRC?; the accountant of 2022; and other highlights from our favorite tax bloggers.
July 18 -
The Republican effort to repeal and replace Obamacare appears dead in the water -- but some experts are suggesting that this may not be the end.
July 18 -
15 regs, court cases, revenue procedures and other tax-related news practitioners should take note of.
July 17 -
The Internal Revenue Service’s policies don’t comply with some of the federal government’s requirements that agencies must ensure all records are retrievable and usable for as long as needed, according to a new report.
July 17 -
A group of Democrats led by Sen. Elizabeth Warren, D-Mass., and House Ways and Means Committee ranking member Richard Neal, D-Mass., has introduced legislation to allow same-sex couples who were previously barred from filing taxes jointly to now submit amended returns dating back to the year of their marriage.
July 17 -
The latest draft would leave intact Obamacare tax increases on the wealthy.
July 17 -
A bipartisan group of lawmakers has introduced legislation to provide taxpayers more rights to have their cases heard by the Internal Revenue Service’s Office of Appeals.
July 14 -
Extensible Business Reporting Language is starting to become more widely used, thanks to the SEC’s rules requiring the use of XBRL in financial filings in recent years and a new rule requiring XBRL for foreign issuers.
July 14 -
Senate Republicans dropped efforts to eliminate three Obamacare taxes on the wealthy in their latest health-care bill—but the party may revive that push in a tax-overhaul plan later this year.
July 14 -
The latest iteration of the Republican effort to repeal and replace the Affordable Care Act includes provisions designed to win over both conservative and centrist GOP members of the Senate.
July 13 -
Senate Republican leaders' new plan wouldn't eliminate the Net Investment Income Tax and the Additional Medicare Tax.
July 13 -
Discarding tax cuts gives the Senate leader $230 billion to hand out in sweeteners.
July 13













