ABA urges agencies to publish guidance for trust, estate income tax reporting
The Treasury Department and IRS should issue guidance on income tax reporting for trusts and estates under the One Big ...
Tag: Tax reform
ABA urges lawmakers to restore limited NOL carryback option
Legislation to reinstate the net operating loss, or NOL, carryback option for certain eligible financial institutions would expand lending and ...
ABA offers recommendations for modernizing brokerage statement filings
ABA made several recommendations to the Treasury Department and IRS to modernize and streamline the electronic delivery framework for brokers ...
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 ...
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 ...
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 ...
Senate-approved IRS reform addresses math, clerical error procedures
The Senate passed legislation requiring the IRS to provide taxpayers with details on notices related to a math or clerical ...
ABA raises concerns with draft tax form
Several aspects of a draft tax reporting form raise “significant concerns” and could lead to the IRS being inundated with ...
Breaking down the bank-related provisions in the big budget bill
Following the enactment of the One Big Beautiful Bill Act, hear from ABA experts on how key ABA-supported provisions on ...
Updated: President signs ‘big beautiful bill’ including numerous ABA-backed provisions
Included in the bill were several ABA-supported tax provisions related to banks, including a modified version of the ABA-advocated ACRE ...
