Remove 2028 Remove audit Remove corporation tax
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AICPA News – July 2025

CPA Practice

Partnership Tax TRP Remove Treas. 1.6011-18 (Basis Shifting TOI Regulations) from the Income Tax Regulations (26 CFR part 1). The Senate bill includes the following provisions that the AICPA has endorsed in the past: An increase in the standard deduction for years 2025-2028.

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Small biz looks to AI, and other tech stories you may have missed

Accounting Today

Agentic AI to handle 68% of customer service/support by 2028 Wanan - stock.adobe.com Ciscos latest research predicts that agentic AI will handle 68% of customer service and support interactions by 2028. But by 2028? But your thoughts are your thoughts and should always be 100% you.

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Trump's law to cut US clean energy installs 41%

Accounting Today

annual clean-energy installations will plunge 41% after 2027, due to the rapid phase-out of wind and solar tax credits in President Donald Trumps sweeping economic legislation. Adam Glanzman/Bloomberg U.S. Thats compared to 81 gigawatts the prior year as developers race to complete projects before the cutoff date.

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What was new in October for state sales and use taxes

TaxConnex

The plaintiffs have reportedly said that Louisiana’s patchwork sales tax compliance system is a labyrinth filled with audit traps and now say the case belongs in federal court because Wayfair was ultimately decided in the U.S. The exemption does not apply to any tax levied by a county, city or district and it sunsets in 2028.

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