The Treasury and IRS plan to withdraw regulations that labeled basis-shifting transactions among partnerships and related parties as “transactions of interest.”
Day: April 17, 2025
Tax Fraud Blotter: Reaping and sowing
Share and share alike; fleecing the flock; United they fall; and other highlights of recent tax cases.
Managers bet on SEC prioritizing tax-savvy funds
Optimism is building that a game-changing fund design that will help asset managers shrink clients’ tax bills will soon be approved by the SEC.
PCAOB offers help on quality control standard
New staff presentation videos aim to help firms implement the four components of QC 1000, ‘A Firm’s System of Quality Control.’
Massachusetts CPAs see clients moving for lower taxes
States including Florida, New Hampshire, Texas and South Carolina are the main ones attracting clients due to their tax-friendly policies.