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🎧 Podcast: http://btaxgo.com/IsUUdro
The donation of a 500-acre tract of Georgia land again came under scrutiny before a panel of federal appeals court judges, who questioned a lower court’s ruling and whether its owners assigned the proper value when taking a corresponding $14.17 million tax deduction.
Tax Court’s Conservation Easement Ruling Scrutinized on Appeal
The donation of a 500-acre tract of Georgia land again came under scrutiny Tuesday before a panel of federal appeals court judges, who questioned a lower court’s ruling and whether its owners assigned the proper value when taking a corresponding $14.17 million tax deduction.
bit.ly
December 9, 2025 at 8:00 PM
The donation of a 500-acre tract of Georgia land again came under scrutiny before a panel of federal appeals court judges, who questioned a lower court’s ruling and whether its owners assigned the proper value when taking a corresponding $14.17 million tax deduction.
Opinion: The more taxpayers prepare for Australian transfer pricing litigation when the stakes are high, the better their chances will be of reaching a non-litigious resolution by agreement.
Australia’s Transfer Pricing Scrutiny Calls for Litigation Prep
Opinion: The more taxpayers prepare for Australian transfer pricing litigation when the stakes are high, the better their chances will be of reaching a non-litigious resolution by agreement.
bit.ly
December 9, 2025 at 5:00 PM
Opinion: The more taxpayers prepare for Australian transfer pricing litigation when the stakes are high, the better their chances will be of reaching a non-litigious resolution by agreement.
The US audit regulator will continue under interim leadership for at least a few more weeks while the SEC finalizes new appointments, an agency official said Monday.
Future US Audit Board Leadership Faces Mounting SEC To-Do List
The US audit regulator will continue under interim leadership for at least a few more weeks while the SEC finalizes new appointments, an agency official said Monday.
bit.ly
December 9, 2025 at 2:00 PM
The US audit regulator will continue under interim leadership for at least a few more weeks while the SEC finalizes new appointments, an agency official said Monday.
Companies gained more clarity on which information they need to disclose in their interim financial reports.
Corporate Interim Disclosures Clarified by US Accounting Board
Companies gained more clarity Monday on which information they need to disclose in their interim financial reports.
bit.ly
December 9, 2025 at 11:00 AM
Companies gained more clarity on which information they need to disclose in their interim financial reports.
SEC Chair Paul Atkins chided the accounting industry for its past support of disclosures he said would have undermined corporate reporting and urged firms to get back to “basics.”
SEC Chair Tells CPAs to Focus on Basics, not ‘Shiny’ Baubles
SEC Chair Paul Atkins chided the accounting industry Monday for its past support of disclosures he said would have undermined corporate reporting and urged firms to get back to “basics.”
bit.ly
December 9, 2025 at 8:00 AM
SEC Chair Paul Atkins chided the accounting industry for its past support of disclosures he said would have undermined corporate reporting and urged firms to get back to “basics.”
Several Illinois Tax Tribunal complaints from online retailers challenging unpaid liabilities were resolved under the state’s recent tax amnesty, but the larger constitutional questions raised by the litigation remain unanswered.
Illinois Settles Tax Suits, But Constitutional Questions Linger
Several Illinois Tax Tribunal complaints from online retailers challenging unpaid liabilities were resolved under the state’s recent tax amnesty, but the larger constitutional questions raised by the litigation remain unanswered.
bit.ly
December 9, 2025 at 5:00 AM
Several Illinois Tax Tribunal complaints from online retailers challenging unpaid liabilities were resolved under the state’s recent tax amnesty, but the larger constitutional questions raised by the litigation remain unanswered.
Opinion: A tax professional's most valuable traits—doubt, skepticism, critical thinking, and judgment—are human qualities that AI can’t replicate.
AI Will Never Replace a Human Tax Pro’s Judgment and Skepticism
Opinion: A tax professional's most valuable traits—doubt, skepticism, critical thinking, and judgment—are human qualities that AI can’t replicate.
bit.ly
December 9, 2025 at 2:00 AM
Opinion: A tax professional's most valuable traits—doubt, skepticism, critical thinking, and judgment—are human qualities that AI can’t replicate.
The Internal Revenue Service released its 2026 tables for determining wage amounts that are exempt from federal tax levies.
IRS Issues 2026 Table of Amounts Exempt From Tax Levy
The Internal Revenue Service released its 2026 tables for determining wage amounts that are exempt from federal tax levies.
bit.ly
December 8, 2025 at 11:01 PM
The Internal Revenue Service released its 2026 tables for determining wage amounts that are exempt from federal tax levies.
Hawaii’s environmental tax on cruise ships docking at the state’s ports violates the supremacy clause of the constitution, the US told a federal court.
Hawaii Cruise Ship Tax Violates Supremacy Clause, US Argues
Hawaii’s environmental tax on cruise ships docking at the state’s ports violates the supremacy clause of the constitution, the US told a federal court.
bit.ly
December 8, 2025 at 8:00 PM
Hawaii’s environmental tax on cruise ships docking at the state’s ports violates the supremacy clause of the constitution, the US told a federal court.
Companies are weighing how much help to give employees to calculate the new overtime deduction in the upcoming tax-filing season.
Companies, Workers Gauge Reporting on Tax Law’s Overtime Break
Companies are weighing how much help to give employees to calculate the new overtime deduction in the upcoming tax-filing season.
bit.ly
December 8, 2025 at 5:00 PM
Companies are weighing how much help to give employees to calculate the new overtime deduction in the upcoming tax-filing season.
Tensions are high on Capitol Hill, and days are numbered before lawmakers leave for the holidays, but that isn’t tempering their ambition to get through a lengthy slate of work.
Congress Faces Packed Agenda and Little Time Before End of 2025
Tensions are high on Capitol Hill, and days are numbered before lawmakers leave for the holidays, but that isn’t tempering their ambition to get through a lengthy slate of work.
bit.ly
December 8, 2025 at 2:00 PM
Tensions are high on Capitol Hill, and days are numbered before lawmakers leave for the holidays, but that isn’t tempering their ambition to get through a lengthy slate of work.
House Ways and Means Committee Chair Jason Smith (R-Mo.) fired a warning shot Wednesday to countries negotiating a revised global minimum tax deal at the OECD, vowing to take action if there’s no agreement to exempt US companies from the tax.
Ways & Means Chief Warns ‘Time is Now’ for OECD Minimum Tax Deal
House Ways and Means Committee Chair Jason Smith (R-Mo.) fired a warning shot Wednesday to countries negotiating a revised global minimum tax deal at the OECD, vowing to take action if there’s no agreement to exempt US companies from the tax.
bit.ly
December 8, 2025 at 11:00 AM
House Ways and Means Committee Chair Jason Smith (R-Mo.) fired a warning shot Wednesday to countries negotiating a revised global minimum tax deal at the OECD, vowing to take action if there’s no agreement to exempt US companies from the tax.
Opinion: The EU is rewriting the e-commerce rules at its borders, starting in 2026. Operators that act early, stay informed, and adapt will be best positioned to compete in the future.
EU Takes First Step Toward New Era in E-Commerce Compliance
Opinion: The EU is rewriting the e-commerce rules at its borders, starting in 2026. Operators that act early, stay informed, and adapt will be best positioned to compete in the future.
bit.ly
December 8, 2025 at 8:00 AM
Opinion: The EU is rewriting the e-commerce rules at its borders, starting in 2026. Operators that act early, stay informed, and adapt will be best positioned to compete in the future.
Australia’s Department of Finance is asking questions related to Deloitte’s use of AI in government contract work, and about the technology’s role in exam cheating at KPMG, officials told senators during a set of hearings.
Australian Lawmakers Question Deloitte and KPMG on AI Misuse
Australia’s Department of Finance is asking questions related to Deloitte’s use of AI in government contract work, and about the technology’s role in exam cheating at KPMG, officials told senators during a set of hearings.
bit.ly
December 8, 2025 at 5:00 AM
Australia’s Department of Finance is asking questions related to Deloitte’s use of AI in government contract work, and about the technology’s role in exam cheating at KPMG, officials told senators during a set of hearings.
The SEC under the second Trump administration is on track for its least active docket of earnings fraud and auditor liability cases since Ronald Reagan occupied the White House.
SEC’s Earnings Fraud, Auditor Liability Cases Plunge Under Trump
The SEC under the second Trump administration is on track for its least active docket of earnings fraud and auditor liability cases since Ronald Reagan occupied the White House.
bit.ly
December 8, 2025 at 2:00 AM
The SEC under the second Trump administration is on track for its least active docket of earnings fraud and auditor liability cases since Ronald Reagan occupied the White House.
Opinion: The tug-of-war over government control of AI standards underscores the need for a neutral, digital guide that would help citizens find accurate answers.
Trump’s Fight Over AI Rules Requires a Digital Librarian: Werfel
Opinion: The tug-of-war over government control of AI standards underscores the need for a neutral, digital guide that would help citizens find accurate answers.
bit.ly
December 7, 2025 at 11:00 PM
Opinion: The tug-of-war over government control of AI standards underscores the need for a neutral, digital guide that would help citizens find accurate answers.
The Treasury Department and IRS released guidance on the tax-advantaged “Trump accounts” for children created by Republicans’ 2025 tax law.
IRS Issues Guidance on ‘Trump Accounts’ from GOP Tax Law (1)
The Treasury Department and IRS Tuesday released guidance on the tax-advantaged “Trump accounts” for children created by Republicans’ 2025 tax law.
bit.ly
December 7, 2025 at 8:00 PM
The Treasury Department and IRS released guidance on the tax-advantaged “Trump accounts” for children created by Republicans’ 2025 tax law.
A group backed by financier Michael Sacks has started funding ads against Chicago’s plan to bring back a tax on large corporate payrolls, drawing the ire of Mayor Brandon Johnson.
Chicago Payroll Tax Draws Opposition From City’s Business Heads
A group backed by financier Michael Sacks has started funding ads against Chicago’s plan to bring back a tax on large corporate payrolls, drawing the ire of Mayor Brandon Johnson.
bit.ly
December 7, 2025 at 5:00 PM
A group backed by financier Michael Sacks has started funding ads against Chicago’s plan to bring back a tax on large corporate payrolls, drawing the ire of Mayor Brandon Johnson.
Electric vehicle manufacturer Tesla Inc. has qualified for the largest allocation of advanced energy project tax credits, according to an IRS announcement.
Tesla Receives Largest Allocation of Advanced Energy Tax Credit
Electric vehicle manufacturer Tesla Inc. has qualified for the largest allocation of advanced energy project tax credits, according to an IRS announcement.
bit.ly
December 7, 2025 at 2:00 PM
Electric vehicle manufacturer Tesla Inc. has qualified for the largest allocation of advanced energy project tax credits, according to an IRS announcement.
Opinion: As accounting firms face talent shortages and clients demand faster, more strategic guidance, accountants must evolve their skills and systems to stay competitive.
Here’s How Accountants Can Evolve as AI Redefines the Profession
Opinion: As accounting firms face talent shortages and clients demand faster, more strategic guidance, accountants must evolve their skills and systems to stay competitive.
bit.ly
December 7, 2025 at 11:00 AM
Opinion: As accounting firms face talent shortages and clients demand faster, more strategic guidance, accountants must evolve their skills and systems to stay competitive.
A member of the Public Company Accounting Oversight Board who pushed the Enron-era regulator to adopt technology advances and was a vocal critic of its rewrite of the US audit rulebook is stepping down.
US Audit Board Member Who Advocated for Auditors, Tech to Resign
A member of the Public Company Accounting Oversight Board who pushed the Enron-era regulator to adopt technology advances and was a vocal critic of its rewrite of the US audit rulebook is stepping down.
bit.ly
December 7, 2025 at 8:00 AM
A member of the Public Company Accounting Oversight Board who pushed the Enron-era regulator to adopt technology advances and was a vocal critic of its rewrite of the US audit rulebook is stepping down.
The biggest UK accounting firms continue to dominate the market for large company audits, although mid-sized firms are picking up a decent share of the work for smaller listed companies, according to a new review by the industry watchdog.
UK Big Four Firms Keep Grip on Major Company Audits as Fees Rise
The biggest UK accounting firms continue to dominate the market for large company audits, although mid-sized firms are picking up a decent share of the work for smaller listed companies, according to a new review by the industry watchdog.
bit.ly
December 7, 2025 at 5:00 AM
The biggest UK accounting firms continue to dominate the market for large company audits, although mid-sized firms are picking up a decent share of the work for smaller listed companies, according to a new review by the industry watchdog.
Opinion: The high court once again can strike a blow against local bureaucrats who subject homes to fire-sale auctions over tiny debts or taxes that were never due.
Supreme Court Gets Another Chance to End Government Home Theft
Opinion: The high court once again can strike a blow against local bureaucrats who subject homes to fire-sale auctions over tiny debts or taxes that were never due.
bit.ly
December 7, 2025 at 2:00 AM
Opinion: The high court once again can strike a blow against local bureaucrats who subject homes to fire-sale auctions over tiny debts or taxes that were never due.
House Ways and Means Committee Chair Jason Smith (R-Mo.) fired a warning shot Wednesday to countries negotiating a revised global minimum tax deal at the OECD, vowing to take action if there’s no agreement to exempt US companies from the tax.
Ways & Means Chief Warns ‘Time is Now’ for OECD Minimum Tax Deal
House Ways and Means Committee Chair Jason Smith (R-Mo.) fired a warning shot Wednesday to countries negotiating a revised global minimum tax deal at the OECD, vowing to take action if there’s no agreement to exempt US companies from the tax.
bit.ly
December 6, 2025 at 11:00 PM
House Ways and Means Committee Chair Jason Smith (R-Mo.) fired a warning shot Wednesday to countries negotiating a revised global minimum tax deal at the OECD, vowing to take action if there’s no agreement to exempt US companies from the tax.
Opinion: The EU is rewriting the e-commerce rules at its borders, starting in 2026. Operators that act early, stay informed, and adapt will be best positioned to compete in the future.
EU Takes First Step Toward New Era in E-Commerce Compliance
Opinion: The EU is rewriting the e-commerce rules at its borders, starting in 2026. Operators that act early, stay informed, and adapt will be best positioned to compete in the future.
bit.ly
December 6, 2025 at 8:00 PM
Opinion: The EU is rewriting the e-commerce rules at its borders, starting in 2026. Operators that act early, stay informed, and adapt will be best positioned to compete in the future.