On July 7, 2025, President Trump signed the executive order “Ending Market Distorting Subsidies for Unreliable, Foreign-Controlled Energy Sources.” The EO directs the Secretary of the Treasury to “strictly enforce” the...more
7/9/2025
/ Energy Policy ,
Energy Projects ,
Energy Sector ,
Enforcement Actions ,
Executive Orders ,
Foreign Entities ,
IRS ,
New Regulations ,
Production Tax Credit ,
Regulatory Reform ,
Renewable Energy ,
Solar Energy ,
Tax Credits ,
Trump Administration ,
U.S. Treasury
President Trump’s executive order (EO) “Restoring Public Service Loan Forgiveness,” issued March 7, 2025, sets limits on student loan forgiveness under the Public Service Loan Forgiveness (PLSF) program. But the language used...more
3/11/2025
/ Charitable Organizations ,
Compliance ,
Department of Education ,
Executive Orders ,
Internal Revenue Code (IRC) ,
IRS ,
Loan Forgiveness ,
Nonprofits ,
Public Service Loan Forgiveness program (PSLF program) ,
Student Loans ,
Tax Court ,
Tax Exempt Entities ,
Tax Exemptions ,
Trump Administration
The first seven weeks of the second Trump Administration has revealed that tariffs are going to be a primary tool in the administration’s trade arsenal to address both domestic and foreign trade policy goals. What is...more
The New York Times reported on March 4, 2025, that the Trump administration is aiming to cut half of the Internal Revenue Service’s workforce by the end of the year. The cuts are reportedly across all divisions of the IRS,...more
3/5/2025
/ Audits ,
Corporate Counsel ,
Federal Employees ,
Government Efficiency ,
Internal Revenue Code (IRC) ,
IRS ,
Payment Plans ,
Penalties ,
Tax Debt ,
Tax Liability ,
Tax Reform ,
Tax Refunds ,
Trump Administration
Pursuant to the CARES Act, many employers took advantage of the ability to defer payment of the employer portion of certain social security taxes that were otherwise due during 2020. Some have asked questions about whether...more