First-Time Penalty Abatement Is Being Replaced Aug 25, 2026 2 min read First Time Abate is going away. The new Automatic Exemption from Penalty grants relief without a call, but transition-year notices need attention. Sharon Kreider, CPA Recent Taxbytes Top Democratic Senators Reach Agreement on Corporate Tax Reform, Carried Interest Jul 29, 2022 4 min read Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin III, D-W.Va., have reached an Jessica L. Jeane, J.D. Previous Page1 … Page20 Page21 Page22 Next Don't Miss It California Corner: California Clarifies When a Discretionary Trust Becomes Taxable August 17, 2026 The Tax Practitioner’s Role in Preventing Medicaid Gifting Mistakes August 13, 2026 Seven Million Trump Accounts and Counting — A Gift Tax Safe Harbor and Stock Donation Announcement August 11, 2026 Medi-Cal’s Asset Limit Is Back: The 2026 Gifting Conversation for California Clients August 4, 2026 OPR Eyes AI Use in Tax Practices Through a Circular 230 Lens (OPR Alert 2026-19) July 31, 2026
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