Tax News Highlights
Each issue features information on the latest tax developments in an easy-to-scan format to help you keep pace with valuable federal, state and local, and international tax updates.
Recent updates
Recently proposed regulations reduce the complexity of Section 987 computations for some taxpayers, but the timing of the election matters.
IRS Notice 2026-36 clarifies how tax-exempt organizations should apply the expanded Section 4960 covered-employee rules after 2025.
In a surprising move, the 5th Circuit revised its ruling on the limited partner exemption and remanded the Sirius case back to the Tax Court.
Delaware is mailing unclaimed property VDA invitations this month, giving companies 90 days from the send date to assess exposure and respond.
Proposed regulations implement ending the one-month deferral election and requiring separate tracking of Section 951A PTEP taxes under the OBBBA.
California and Colorado expand sales tax treatment of software and SaaS beginning in 2027, reflecting evolving digital tax rules.
Recently proposed regulations reduce the complexity of Section 987 computations for some taxpayers, but the timing of the election matters.
IRS Notice 2026-36 clarifies how tax-exempt organizations should apply the expanded Section 4960 covered-employee rules after 2025.
In a surprising move, the 5th Circuit revised its ruling on the limited partner exemption and remanded the Sirius case back to the Tax Court.
Delaware is mailing unclaimed property VDA invitations this month, giving companies 90 days from the send date to assess exposure and respond.
Proposed regulations implement ending the one-month deferral election and requiring separate tracking of Section 951A PTEP taxes under the OBBBA.
California and Colorado expand sales tax treatment of software and SaaS beginning in 2027, reflecting evolving digital tax rules.
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