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Melancon Says Two Recent Supreme Court Rulings Create Uncertainty for Tax Pros
Taxation
AICPA CEO Barry Melancon commented on two recent Supreme Court cases recently, saying that they create uncertainty, which…
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Senate Republicans Stymie $78B Tax Package That Would Have Aided Businesses and Low-Income Families
Taxation
On Aug. 1, Senate Republicans blocked a $78 billion bill that included tax breaks for businesses and low-income families,…
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Survey Findings: Firms Must Raise Starting Salaries to Retain Talent
New CPAs
Starting salaries have lagged behind those of neighboring professions and industries, and accounting firms should be…
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IASB Proposes Illustrative Examples to Guide Climate-Related Reporting
Accounting
The International Accounting Standards Board (IASB) has proposed eight examples to illustrate how companies can apply…
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Helping Clients Navigate Estate Planning and Divorce
Estate Taxation
As an attorney specializing in matrimonial law, I’ve worked on numerous cases involving divorce and estate planning.…
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The Success in Succession, Part I: Estate Planning and Estate & Gift Tax Planning
Estate Taxation
This article is the first part of a three-part series on succession planning. Part II will focus on Business Planning, and…
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The U.S. Supreme Court Affirms the Eighth Circuit’s Decision in Favor of the Government Concerning the Estate Tax Treatment of Life Insurance Proceeds Used to Fund a Corporate Redemption Obligation
Federal Taxation
In Connelly v. U.S., 602 U.S. ___ (6/6/2024), the United States Supreme Court affirmed a decision of the Eighth Circuit Court…
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Grants vs. Contracts: Considerations for Public Charities and Private Foundations
Estate Taxation
Like their for-profit counterparts, charitable organizations often enter into agreements with other individuals or…
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Senate to Vote on Tax Extender Bill This Week
Taxation
Senate Majority Leader Charles Schumer, (D-N,Y.) will put the stalled Tax Relief for American Families and Workers Act up…
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