The Internal Revenue Service and the Treasury intend to issue proposed regulations involving the transfer of United States real property interests.
Day: August 20, 2025
Congress could equalize tobacco tax rates to collect more revenue
The government could collect up to $1.5 billion more in tax revenue over five years if pipe tobacco and roll-your-own tobacco were taxed the same as cigarettes.
PCAOB seeks advisory group nominations
The Public Company Accounting Oversight Board is accepting nominations for members of its Investor Advisory Group and Standards and Emerging Issues Advisory Group.
IRS plans to withdraw disregarded payment loss rules
The Internal Revenue Service and the Treasury issued a notice saying they intend to issue proposed regulations withdrawing the DPL rules for multinationals.
Writing better AI prompts
As artificial intelligence becomes increasingly integrated into accounting workflows, the ability to write effective prompts has emerged as a critical skill.