- Journal of Accountancy
- ITR Direct Tax
- ITR Indirect Tax
- ITR Transfer Pricing
IRS stops billions in identity theft refunds but needs data earlier, report says
A report from the Treasury Inspector General for Tax Administration found that delayed 1099-R and W-2G filings limit the IRS’s ability to spot refund fraud early.
Jan Lewis elected AICPA chair
The tax partner at BMSS Advisors is elected to the one-year volunteer post at AICPA spring Council, succeeding Lexy Kessler. Lindsay Stevenson is elected vice chair.
AICPA supports bills to limit BOI reporting to foreign-owned entities
The AICPA said the changes would ease the compliance load on CPAs who help small businesses navigate federal reporting rules.
Worried about that CP53E QR code? IRS updates FAQs
The IRS expanded its CP53E guidance with fresh information on QR code security, online account access problems, and how taxpayers can confirm successful bank account updates.
FASB issues standard for clarifying environmental credit disclosures
FASB’s chair said that the Accounting Standards Update features guidance “that previously did not exist” related to environmental credits and environmental credit obligations.
IRS stops billions in identity theft refunds but needs data earlier, report says
A report from the Treasury Inspector General for Tax Administration found that delayed 1099-R and W-2G filings limit the IRS’s ability to spot refund fraud early.
AICPA supports bills to limit BOI reporting to foreign-owned entities
The AICPA said the changes would ease the compliance load on CPAs who help small businesses navigate federal reporting rules.
Worried about that CP53E QR code? IRS updates FAQs
The IRS expanded its CP53E guidance with fresh information on QR code security, online account access problems, and how taxpayers can confirm successful bank account updates.
Final regs. modify reporting obligations for Form 8308, Part IV
The final regulations published Tuesday by the IRS stick with the proposed regulations that modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or Exchange of Certain Partnership Interests.
AICPA submits nearly 200 recommendations for IRS guidance plan
The organization highlighted top technical issues across 10 areas and urged the IRS to prioritize tax simplification.
G7 backs pillar two SbS deal, opens pillar one dialogue
An OECD report on taxation of the digital economy is expected by the end of 2026, according to the group of nations
India’s TP reset for the digital economy: safe harbour and APA reforms
India’s transfer pricing overhaul expands safe harbours at scale and accelerates advance pricing agreements alongside the statutory recodification of the Income-tax Act, report Uday Ved, Hetav Vasani, and Jainesh Nahar of KNAV
‘TP not a mechanical compliance exercise’: experts dissect Brazil’s Petrobras ruling
The case sits within a context of Brazil signalling that it is replacing informal discretion and ambiguity with structures that reward analytical rigour, one expert tells ITR
VAT and transfer pricing: beyond the arm’s-length principle
The CJEU’s Stellantis ruling builds on recent case law concerning the VAT implications of transfer pricing adjustments and highlights an often overlooked interaction, says Fernando Matesanz of Spanish VAT Services
Intra-group guarantees and TP: Italian Supreme Court endorses a substance-based approach
Federico Vincenti and Carola Valente Della Rovere of Valente Associati GEB Partners/Crowe Valente examine a recent decision concerning the transfer pricing treatment of non-remunerated intra-group guarantees, focusing on economic substance, legal form, and group-level business justifications