Advertisement
TOPICS / TAX

Tax Court trusts Congress’s use of subjunctive mood

Use of ‘as if’ in statute does not make a criminal restitution amount a tax, the court holds, and thus denies the IRS’s assessment of interest and additions to tax based on the restitution.

What the tax reform bill means for individuals

The tax reform legislation that Congress will consider this week contains many provisions affecting individuals—and many changes from both the House and Senate bills.

Congress passes tax reform

The House of Representatives reapproved tax reform legislation on Wednesday, sending the bill to President Donald Trump for his signature.

FROM THIS MONTH'S ISSUE

AI risks CPAs should know

Are you ready for the AI revolution in accounting? This JofA Technology Q&A article explores the top risks CPAs face—from hallucinations to deepfakes—and ways to mitigate them.