
Florists In, Accountants Out of Luck for Tips Tax Break
Florists can newly cash in for new tax break on tips but accountants are out of luck in finalized IRS rules laying out workers eligible for the benefit from the GOP tax-and-spending law.

Florists can newly cash in for new tax break on tips but accountants are out of luck in finalized IRS rules laying out workers eligible for the benefit from the GOP tax-and-spending law.

President

The US Tax Code’s Reconstruction-era ban on home distilling is unconstitutional and can’t be enforced, a federal appeals court ruled Friday.




APAs remain increasingly valuable for managing transfer pricing risk despite APMA resource constraints.
A proposed rule from the Department of Labor would let 401(k) fiduciaries offer alternative assets if they document a prudent process on key risks.
Brazil’s adoption of OECD Transfer Pricing Guidelines marks a significant shift towards global standards, presenting new challenges and opportunities for Brazilian taxpayers to align their practices with international norms and prepare for increased scrutiny.
The IRS has issued notice providing updated interest rates that pension plans must use for funding calculations. The notice includes the corporate bond monthly yield curve, spot segment rates, and ...
The U.S. Tax Court, in a summary decision, held that the taxpayer was not entitled to claim a dividends received deduction under I.R.C. §245A for Section 78 dividends attributable to ...
The IRS has released Internal Revenue Bulletin 2026-16. [IRB 2026-16, 04/13/26]
Since President Donald Trump took office, the IRS has faced transformative changes, including a substantial reduction in its workforce and the appointment of seven different commissioners or acting commissioners.
Paul Myers joined Venable as a partner in its transactional tax group in Baltimore, the firm announced Monday.
The IRS wrongly axed a Florida fuel distributor’s tax-exempt registration in 2020 after the company failed to respond to unrelated agency inquiries, not because it failed to meet the requirements for the vendor status in question, a federal judge said.
Alec Campbell joined Weil, Gotshal & Manges as a partner in its tax department in New York, the firm announced Monday.
Ed Moberly joined Vinson & Elkins as a partner in its tax practice in London, the firm announced Monday.
The Australian Official Gazette April 10 published Act No. 38, Compilation No. 263, on the updated consolidated text of the Income Tax Assessment Act 1997, current as of April 1. ...
The Greek Official Gazette April 2 published Decision No. A 1080, updating the list of jurisdictions participating under the Multilateral Competent Authority Agreement (MCAA) on the exchange of country-by-country (CbC) ...
The Turkish Revenue Administration April 9 updated the annex to Decision No. 10995, on the special consumption tax (SCT) rates for gasoline, diesel, liquefied petroleum gas (LPG), propane, and butane ...
The Canadian Revenue Quebec April 9 announced an increase, to 9.975 percent from 9 percent, in the insurance premiums tax rate, effective for insurance premiums paid after Dec. 31. The ...
The Austrian Federal Ministry of Finance April 9 posted online Federal Finance Court Decision No. RV/2100613/2025, clarifying the taxation of pension income under the 2000 DTA with Germany, last amended ...
The Belarusian President’s Office April 9 announced the signing of a law ratifying the DTA with Myanmar, signed Nov. 28, 2025. [Belarus, President, 04/09/26]
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