IRS Warns of Fake Tribal Tax Credits (IR 2026-112)
The IRS warned taxpayers, tribal communities, businesses and tax professionals about promoters selling fake “Tribal Tax Credits” that do not exist under federal law. Promoters may claim these cred...
CA - Apportionment regulation updated
A California regulation on the apportionment of business income has been updated to reflect changes made by Ch. 17 (S.B. 132), Laws 2025, which revised how banks and other financial institutions appor...