Post-Chevon; sending your marketing out; new blog in town; and other highlights from our favorite tax bloggers.
Day: July 2, 2024
A different tax landscape at mid-year
The end of Chevron deference, shifting IRS policies and other major changes to the tax landscape.
Tax pros: IRS improving, but getting the right answer takes too long
A survey by the AICPA shows that almost two-thirds of tax professionals say it takes over 90 days to get a substantive response from the IRS to correspondence.
IRS warns tax pros to beware of identity theft
The Internal Revenue Service issued a warning to tax professionals to be on guard against the identity thieves who are targeting them and their clients.
PwC’s new leadership goes back to the future ahead of schedule
Struggling with management structure seems endemic to the professional services business, almost regardless of the size of the firm.
More companies seek assurance over ESG info from audit firms
The majority of large public companies are now reporting environmental, social and governance information, while turning to auditing firms and other providers for assurance to vet the data.
Final regs. issued for 1% excise tax on corporate stock repurchases
The final regulations provide guidance regarding the reporting and payment of the excise tax on repurchases of corporate stock made after Dec. 31, 2022.