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How GenAI is transforming ESG reporting and compliance

ThomsonReuters

Highlights: Growing importance and data demands of ESG : The increasing significance of ESG compliance is overwhelming teams with expanding data demands and regulatory scrutiny. It takes considerable resources (time, money, human capital) to collect, store, and analyze the increasingly large amounts of data that ESG compliance requires.

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Leveraging new IRS digital asset reporting regulations: Opportunities for personalized advisory services

ThomsonReuters

Beyond compliance, mastering the nuances of digital asset reporting offers firms an opportunity to stand out as trusted advisors in the fast-evolving landscape. By understanding these regulations thoroughly, your firm can foster deeper relationships and move from transactional compliance work to a proactive advisory role.

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How the ‘One Big Beautiful Bill’ reshapes SALT planning

ThomsonReuters

Client communication Clients need more than just compliance — they need clarity. Lead SALT planning strategy, powered by technology The One Big Beautiful Bill is reshaping the SALT landscape in ways that demand more than just compliance. These tools help ensure that clients are prepared for whatever direction tax policy takes.

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Kuwait: Balancing Revenue Growth With Stability

Global Finance

In early February, the Cabinet approved a draft budget for fiscal year 2025-2026, signaling an 11% year-over-year increase in the deficit on slightly lower revenues. Along with the 2025-2026 budget, the Cabinet has approved close to $5.6 The Kuwaiti economy is at a turning point. Last year, $8.7 billion for 124 projects.

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Tax Expert Discusses Impact of Form 6765 Increased Reporting Requirements

ThomsonReuters

The IRS is seeking feedback on the form and instructions until June 30, 2025, to ensure that the instructions for tax year 2025 (processing year 2026) are clear and up to date. This could ultimately improve tax administration and compliance.

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Federal implications of the ‘One Big Beautiful Bill’: What’s changing and how to respond

ThomsonReuters

Jump to ↓ How OBBBA is impacting federal tax policy Strategic implications in a shifting political landscape What tax professionals should do now to manage the OBBA impact For tax professionals, the newly signed One Big Beautiful Bill Act (OBBBA) of 2025 has significant impacts for client tax planning and compliance.

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Midyear payroll in 2025: Legislative shifts, judicial rulings, and compliance crossroads

ThomsonReuters

Supreme Court has issued a series of unanimous rulings that are reshaping the legal framework for wage and hour compliance, religious tax exemptions, and workplace discrimination claims. The H-1B cap for fiscal year 2026 was met following the completion of the registration process on April 2, 2025.