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States continue to embrace economic nexus standards and impose various sales factor market sourcing methods. Asset management companies should reexamine their income streams to confirm they are properly filing state income and gross receipts-based tax returns and remitting associated state taxes.
The primary goal of most employers in establishing any type of retirement savings program is to provide retirement income in a tax-efficient manner. The best way to achieve this is through a qualified retirement plan.
The playing field for partnership examinations changes next year, along with how the IRS collects tax on adjustments to partnership income. The partnership—rather than the partners—will pay the tax in the first instance.
In Case You Missed It – January/February 2026
Why do shady accountants make bad chefs? They try cooking the books. https://parade.com/1317763/jessicasager/accounting-jokes/
IRS Opens 2026 Filing Season,Internal Revenue Service
Mamdani Signals Tax Policy Will Be Central To Budget Negotiations,The Trusted Professional
Treasury, IRS issue FAQs to Address the New Deduction for Qualified Overtime Compensation Under the One, Big, Beautiful Bill, Internal Revenue Service
Treasury, IRS Provide New Safe Harbor Explanations for Retirement Plan Administrators, Internal Revenue Service
Treasury, IRS Issue Guidance on the Additional First Year Depreciation Deduction Amended as Part of the One, Big, Beautiful Bill, Internal Revenue Service
IRS Updates Frequently Asked Questions on the Premium Tax Credit, Internal Revenue Service
Treasury, IRS Provide Guidance on New Tax Benefits for Health Savings Account Participants Under the One, Big, Beautiful Bill, Internal Revenue Service
Funding Cuts to IRS Draw Criticism From Advisory Council,The Trusted Professional
IRS Releases Additional Guidance on Overtime Deduction,The Trusted Professional
IRS Issues Frequently Asked Questions about Executive Order 14247: Modernizing Payments To and from America’s Bank Account, Internal Revenue Service
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Views expressed in articles published in Tax Stringer are the authors' only and are not to be attributed to the publication, its editors, the NYSSCPA or FAE, or their directors, officers, or employees, unless expressly so stated. Articles contain information believed by the authors to be accurate, but the publisher, editors and authors are not engaged in redering legal, accounting or other professional services. If specific professional advice or assistance is required, the services of a competent professional should be sought.