Accounting, tax, auditing news

Final rule will eliminate BOI reporting for US entities

Treasury said a final rule will permanently end beneficial ownership information reporting requirements for U.S. companies and U.S. persons under the Corporate Transparency Act.

Trump account prop. regs. clarify $2,500 limit for workers

Final regs. issued for Sec. 3406 backup withholding rules

4 Social Security rules that surprise clients — and some advisers

IRS updates overtime deduction FAQs, adds reporting details

PEEC to continue discussions on alternative practice structures

IRS adds notices, payment features to business tax accounts