IRS provides guidance on retirement plan rollovers
The Internal Revenue Service and the Treasury Department offered guidance on rollovers between retirement plans and individual retirement accounts.

What happens when an overseas client isn't paid?
An overdue foreign invoice starts two clocks: one for financial reporting and one for recovery. Accountants can keep both moving.

SEC weighs direct funding of Consolidated Audit Trail
The Securities and Exchange Commission is considering taking direct control of a controversial database that tracks trades across equities and options markets.

Trump says US weighing attempt to stop NYC pied-a-terre tax
Trump in a social media post argued that the policy was costing the city by driving away wealthy people who would otherwise pay taxes there.

Trump weighs call for capital gains tax cuts as midterm boost
President Trump is looking for new policy pledges he can present to voters, including potentially calling on Congress to cut capital gains taxes.

Most execs trust AI despite errors
Despite high confidence from leaders in AI, 26% of executives said internal audits have detected AI errors that reached external audiences or the board.

FinCEN ends beneficial ownership reporting
The Treasury Department's Financial Crimes Enforcement Network issued a final rule permanently removing the requirement for U.S. companies and people to report beneficial ownership information.

In the blogs: Are you ready for some football betting?
Synthetic voices; CRAT; cross-border commerce; and other highlights from our favorite tax bloggers.

AICPA wants changes in corporate AMT rules
The American Institute of CPAs asked the Treasury and the IRS to revise three of their recent notices on the corporate alternative minimum tax.

IRS proposes rules on employer contributions to Trump accounts
The proposed regulations clarify nondiscrimination requirements for employers offering Trump account contribution programs and dependent care assistance.