Martha Waggoner
Senior Writer at Journal of Accountancy
Senior writer - breaking news, AICPA & CIMA. Former @BRepairers, @AP. Always union.
Articles
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1 week ago |
journalofaccountancy.com | Martha Waggoner
news TAX The AICPA recommended 183 changes to the IRS’s 2025–2026 Priority Guidance Plan and also encouraged the agency to continue to pursue tax simplification.
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2 weeks ago |
journalofaccountancy.com | Martha Waggoner
news TAX The IRS extended and modified transition relief for digital asset brokers who must report certain digital asset sales and exchanges by customers on Form 1099-DA, Digital Asset Proceeds From Broker Transactionsafter hearingfrom brokers that they need more time to comply.
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2 weeks ago |
journalofaccountancy.com | Martha Waggoner
news CORPORATE FINANCE A federal appeals court left many of President Donald Trump’s tariffs in effect temporarily and set a tentative expedited date to hear oral arguments in the challenge to the executive branch’s authority to impose tariffs. The order, issued Tuesday by the Federal Circuit in V.O.S. Selections v. Trump, Nos.
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2 weeks ago |
journalofaccountancy.com | Martha Waggoner
news TAX In Rev. Proc. 2025-23, the IRS on Monday provided a comprehensive, updated list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13, as subsequently modified, apply. Rev. Proc. 2015-13 itself updated and revised prior general procedures under Sec.
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2 weeks ago |
journalofaccountancy.com | Martha Waggoner
news TAX The IRS budget would decline 37% from fiscal year 2025 to fiscal year 2026 and the number of IRS employees would decrease 20% over the same period, according to the annual Congressional Budget Justification released by Treasury.
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