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Report: Undocumented Immigrants Contributed Nearly $100 Billion in Taxes in 2022
Taxation
Undocumented immigrants paid taxes amounting to $96.7 billion in 2022, including funding for government programs that they…
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Federal Appeals Court Rules Cell Phone Tax Unconstitutional
Taxation
In what one expert called "the biggest news in the communications tax world in 20 years," the U.S. Court of Appeals for the…
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Regulatory Roundup: July 30-August 5
Regulatory Roundup
CBO Cost EstimateH.R. 8467, Farm, Food, and National Security Act of 2024August 2, 2024As ordered reported by the House…
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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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