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Emma Slack-Jorgensen
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Despite Delay in Implementation, New 1099-K Reporting Provision May Still Confuse Taxpayers
Taxation
The lower filing threshold for Form 1099-K—the information return used for reporting transactions involving payment cards…
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Survey: 74% of Americans Have Financial Regrets, Many Over Not Saving Enough
The Trusted Professional
Many Americans’ personal finance decisions are haunting them now, a Bankrate survey found. The online survey of 3,684 U.S.…
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Some Companies Continue C-Suite Pay Cuts Begun During Pandemic
The Trusted Professional
The practice of cutting the salaries of C-suite executives, begun during the pandemic, is now routine at some companies, The…
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Blue-State Republicans Demand Higher SALT Deduction Cap
Taxation
Some Republican House members from states such as New York, New Jersey and California are threatening to vote against a tax…
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IRS to End Unannounced Visits
Taxation
In a policy change aimed at protecting the safety of its employees and of taxpayers, the IRS will no longer make unannounced…
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Regulatory Roundup: July 17-24
Regulatory Roundup
CBO Blog PostA Call for New Research in the Area of MacroeconomicsJuly 21, 2023 To enhance its work for the Congress, CBO is…
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House Republicans Seek to Stop Global Corporate Minimum Tax Agreement
Taxation
Republican members of the House of Representatives’ Committee on Ways and Means are seeking to block the United States…
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Congress Members Seek Bipartisan Agreement on Child Tax Credit
Taxation
A bipartisan group of Congress members plans to work on a proposal to enhance the existing Child Tax Credit (CTC), Roll Call…
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PCAOB Releases 6 New Filters for Searching Inspection Reports
Accounting
The Public Company Accounting Oversight Board (PCAOB) has made enhancements to its website to allow for stakeholders to…
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