IRS proposes regulations to implement Trump Accounts
The IRS issued proposed regulations for opening “Trump Accounts” for children and regarding a pilot program for contributing to the...
Tax and Accounting
What is top of mind for 2026 in banking?
ABA experts point to what is ahead across multiple issues.
FASB to consider hedge accounting in HTM securities
Responding to requests by ABA and other stakeholders, the Financial Accounting Standards Board approved specific projects to amend existing guidance...
ABA testifies on improving auto loan tax deduction implementation
Banks will be pivotal for the success of a new tax deduction for certain automobile purchases, so the IRS should...
Housing coalition endorses ABA recommendations for easing corporate alternative minimum tax burden
An association representing housing professionals expressed strong support for two ABA recommendations on how to reduce the compliance burden of...
Survey: Family businesses facing a ‘succession paradox’
Preserving a culture driven by mission and values may be the difference between continuity and chaos.
ABA recommends changes to proposed car loan interest tax deduction regulations
ABA is recommending that the IRS make several changes to its proposed regulations to implement a new tax deduction for...
ABA offers recommendations for easing corporate alternative minimum tax burden
ABA suggested regulators make two changes to the rules implementing the corporate alternative minimum tax to reduce the compliance burden...
ABA offers recommendations for implementation of new ag lender tax benefit
ABA offered several recommendations for how the IRS should implement a new tax benefit for lenders serving rural and agricultural...
Treasury announces U.S. exemption from global minimum business tax
U.S.-based multinational companies will be exempt from the OECD Pillar Two global minimum tax framework under a new international agreement...
