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Latest Tax Alerts

Check out the latest tax alert section of our website, full of links and articles for professional and personal tax news. Read More

Senate Finance Committee Approves IRS Commissioner Nominee

The Senate Finance Committee (SFC) advanced President ... Read More

Trump, House GOP Lawmakers Discuss Tax Cuts 2.0

President Donald Trump and House GOP tax writers discussed "Tax Cuts 2.0" ... Read More

Ways and Means GOP, White House Crafting Tax Cut 2.0 Outline

House Republicans and the Trump Administration are working together ... Read More

Tax Preparer’s Obstruction Conviction Vacated

The Fifth Circuit vacated a tax preparer’s conviction ... Read More

National Taxpayer Advocate Releases Mid-Year Report

National Taxpayer Advocate Nina E. Olson has ... Read More

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Final Regulations Bar Corporate Partners from Using Transaction to Avoid Gain

By: Annemarie Aguanno, CPA, Senior Audit/Tax Manager


nnemarie aguanno, CPA The IRS has issued final regulations that target tax-motivated inversion transactions and certain post-inversion tax avoidance transactions. The final regulations retain the thresholds and substantiation requirements of the 2016 final, temporary and proposed regulations (the 2016 regulations), but make limited changes to the 2016 regulations to improve clarity and reduce unnecessary complexity and burdens on taxpayers. These changes also ensure that the final regulations do not impact ... Read More

Tax Reform Hurts Homeowners, House Democratic Report Says

By: Elias Koumniotes, Senior Tax Manager


Elias Koumniotes Homeowners will be hurt financially by last year’s tax reform, according to a new House Democratic staff report. The report alleges that real estate developers will primarily benefit from the new tax law at the expense of homeowners.

The Democratic staff report was released by House Oversight and Government Reform Committee ranking member Elijah E. Cummings, D-Md., on July 5. The report highlights the effects of specific provisions of the Tax Cuts and Jobs Act ... Read More

Wyden Report Critiques GOP’s Tax Reform

By: Tracy Tasch, CPA, Tax Manager


Tracy Tasch, CPA The Senate Finance Committee’s (SFC) leading Democrat has released a report critiquing Republicans’ 2017 overhaul of the tax code. The report, focusing primarily on international tax reform, was released by SFC ranking member Ron Wyden, D-Ore., on July 18. Criticism of GOP Tax Reform The Democratic SFC report, ... Read More


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