Fuel Producers Prep for Tax Credit Without IRS Rules
Fuel producers are trying to prepare for a tax credit regime change, even though the Treasury Department has failed to issue rules around those credits. The clean fuel production tax credit under Sect...
11 Dec 202413min
US Companies Ready International Tax Asks in 2025 Bill
US companies are ramping up their efforts to lobby Congress on the international tax provisions they'd like to see in a comprehensive 2025 tax bill. Among their priorities is retaining the current r...
4 Dec 202413min
What GOP Election Wins Could Mean for Trump Tax Cuts
The re-election of Donald Trump and Republican sweep in Congress makes an extension of the 2017 GOP tax cuts more likely, but there will be hurdles. Republicans want to use a fast-track process to mov...
20 Nov 202410min
IRS Audits of Intercompany Transactions Build Steam
The IRS is winning more cases in the US Tax Court over companies' valuation of intangible assets, such as patents and trademarks, through transfer pricing. The wins have caught the attention of compan...
13 Nov 202418min
What Trump Victory Holds for IRS, Upcoming Tax Talks
The nation is unpacking what comes next with Donald Trump's second presidency and with a Senate that flipped from Democratic to Republican. One of the biggest questions that remains unanswered is how ...
6 Nov 20249min
California Explores Relaxing CPA Education Rules
California regulators are prepared to walk away from strict licensing rules that require accountants to earn the equivalent of five years of college to qualify. The California Board of Accountancy has...
29 Okt 202419min
Corporate Tax Leaders Weigh AI's Risk-Reward Calculus
Artificial intelligence is becoming a bigger part of tax practice and policy every day. The Big Four are spending billions of dollars on AI models, and even mid-tier accounting firms seem willing to a...
23 Okt 202414min
Corporations Face Tax Uncertainty Ahead of 2025 Cliff
The fate of the 2017 GOP tax overhaul is top of mind for corporations in the weeks leading up to the election. Many of the law's provisions are expiring in 2025, setting Congress up to negotiate anoth...
16 Okt 202411min
