This annual update covers recent developments relating to S corporations, including IRS relief for common inadvertent S election lapses; the transfer of clean-energy credits; and other cases, rulings, and regulations.
S CORPORATIONS
July 2025 - The Tax Adviser
exempt organizations
Paid student-athletes: Tax implications for universities and donors
The taxation of Division I college sports may change once universities begin paying athletes directly, which will be permitted under a settlement of antitrust litigation against the NCAA and major collegiate athletic conferences. This article discusses some of the yet-to-be-resolved tax issues for schools and donors.
TAX CLINIC
credits against tax
exempt organizations
partners & partnerships
procedure & administration
TAX ACCOUNTING
COLUMNS
TAX PRACTICE MANAGEMENT
2025 tax software survey
AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights into their procedures.
