The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax prep, and business loss carryforwards.
Day: May 30, 2025
On the move: HHM promotes former intern to partner
KPMG anoints next management committee; Ryan forms Tariff Task Force; and more news from across the profession.
Why placed-in-service dates matter more than ever
In the world of depreciation planning, one small timing detail continues to fly under the radar — and it’s costing taxpayers serious money.
Steinhoff fraud trial moved to South Africa’s high court
South Africa’s case against executives in the biggest corporate fraud in the country’s history has been pushed back to September.
Obscure tax item in Trump’s big bill alarms Wall Street
The item calls for increasing tax rates for individuals and companies from countries whose tax policies the U.S. deems “discriminatory.”