News

The Internal Revenue Service's Electronic Tax Administration Advisory Committee delivered its annual recommendations.
The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the ...
The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits.
GENIUS Act passed by the Senate in June 2025 and headed to the House of Representatives provides a rare opportunity to engage ...
The board’s decision to ignore the $10 million transfer, experts say, could jeopardize the tax-exempt status of the ...
Significant reductions in the IRS workforce appear to be increasing the number of 'no change' audit closures. The shift could increase the overall tax gap.
The CBO released its static scoring analysis earlier this month, estimating that Trump’s bill would unleash trillions in tax cuts and slash spending, but also increase deficits by $2.4 trillion ...
Sen. Elizabeth Warren (D-Mass.) is leading a Democratic effort to challenge Treasury Secretary Scott Bessent on the victory he claimed last week on increasing tax revenue in April and May. Why it ...
Private markets are becoming increasingly essential for all investors, not just institutions, and they are now more easily ...
The second-quarter estimated tax deadline for 2025 is June 16, and making a payment could help you avoid “falling behind” on taxes, according to the IRS. Estimated tax payments are typically ...
An IRS tax transcript is a downloadable record that shows return information, wage reporting, payment history, refund activity, and internal IRS codes tied to collections or audits. Clear Start ...
The Republican-controlled U.S. Senate voted Thursday to confirm scandal-plagued Billy Long to serve as head of the Internal Revenue Service, an agency that he sought to abolish during his tenure in ...