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Sen. Wyden Asks Mazars for More Information About Trump Tax Returns
Taxation
Sen. Ron Wyden Sen. Ron Wyden (D-Ore.), the chairman of the Senate Finance Committee, has sent a letter to Mazars USA LLP,…
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TIGTA Report: IRS Issued Potentially Improper Recovery Payments Totaling $898M
Taxation
A report issued by the Treasury Inspector General for Tax Administration (TIGTA) has found that the IRS issued potentially…
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Study: Worldwide Corporate Tax Rates Reach New Low
Taxation
A recent study has found that the average corporate tax rate for major economies fell to a new low of 25.1 percent in…
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Regulatory Roundup - May 10-23
Trusted Professional
AICPA AICPA Recognizes 2021 Top CPA Exam Performers with Elijah Watt Sells Award May 19, 2022 New AICPA Chair Looks to…
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AICPA and Member of Congress Criticize IRS Over Destruction of Information Returns
Trusted Professional
The AICPA and a member of Congress have sharply criticized IRS over its destruction of roughly 30 million paper information…
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Bipartisan Bill Introduced in Senate Would Bar Tax Breaks for Companies Paying Taxes to Russia, Belarus
Taxation
A bipartisan bill introduced in the Senate on Thursday would bar companies that pay taxes to Russia or Belarus from…
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Increasing Number of States to Require Stand-Alone Financial Literacy Classes in High School
Trusted Professional
Georgia recently joined seven other states in passing legislation that requires a stand-alone financial literacy course as…
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While Rate of Inflation Moderated in April, Prices Still Climbed Quickly
Trusted Professional
A Consumer Price Index report released Wednesday by the U.S. Bureau of Labor Statistics indicates that annual inflation in…
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Congress Confronts Approaching Expiration of Several TCJA Provisions
Taxation
As provisions of the Tax Cuts and Jobs Act (TCJA) of 2017 approach their expiration dates, Congress has to make decisions…
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