United States
- KPMG report: Observations on the final Form 4626 Instructions for CAMT
- Rev. Proc. 2025-15: Insurance companies, unpaid loss discount factors for 2024 accident year
- Rev. Proc. 2025-16: Automobile depreciation deduction limits for 2025
- Trump signs executive orders reconfirming standing hiring freeze for IRS, requiring OIRA review of tax regulations
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Legislative Updates
- House Budget Committee approves 2025 budget resolution
- House Budget Committee releases 2025 budget resolution and schedules markup
- House Ways and Means approves four bills aimed at improving tax administration; JCT descriptions
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Exempt Organizations
- Prospects for tax legislation affecting exempt organizations in the 119th Congress