The new DISE standard from the Financial Accounting Standards Board introduces expanded income statement expense
3 min read
Tax Byte
A bipartisan retirement package commonly (and now officially) known as SECURE 2.0 has secured a ride with the large, must-pass 2023 omnibus government appropriations bill. See what I did there?
Hitchin’ a Ride
The over 4,000-page omnibus released late last night will serve as the legislative vehicle for the much-anticipated SECURE 2.0 package, which consists of multiple retirement savings provisions. The SECURE 2.0 Act of 2022 provisions can be found hitchin’ a ride in Division T of the omnibus.
Notably, a line-up of expired and expiring tax extenders including several business tax breaks and the enhanced child tax credit are not included in the draft text.
We’ll be keeping an eye on the omnibus here at Western CPE as it moves through Congress in the coming days. We will continue to review the just-released legislative text and will take a deep dive on the retirement related provisions in the coming weeks. Stay tuned for additional alerts and CPE on this content.
STAY TUNED
Stay updated with more breaking tax-related developments by subscribing to Tax Bytes with Jessica Jeane, J.D.
Recent Stories
The ACA Enhanced Subsidy Expires
January 2, 2026
IRS Premium Tax Credit FAQ Update: What to Know for 2026
December 30, 2025
The IRS Issues Relief for Farmland Sales Under New Section 1062
December 22, 2025
IRC §274(o) Overtime Meal Deductions: What Changes in 2026
December 18, 2025
Next Up...
The IRS has released their 2026 standard mileage rates. Employers that tie reimbursements to the
2 min read
Enhanced ACA premium tax credits expired December 31, 2025, leaving 22 million taxpayers facing average
5 min read