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Senate Majority Leader John Thune believes the deal that led the House to increase the maximum deduction for state and local taxes to $40,000 will have...
The House-passed version of President Donald Trump’s tax and spending bill would add $2.42 trillion to U.S. budget deficits over the next decade, according to a...
Private sector employment increased by only 37,000 jobs in May, payroll giant ADP reported Wednesday, down from a revised figure of 60,000 in April, while annual...
Advisory and audit solutions provider Fieldguide released Field Agents for Financial Audits, which comes with an agentic AI “Audit Testing Agent” to automatically execute the testing...
Senate Republican Leader John Thune said President Donald Trump’s giant fiscal bill is unlikely to repeal the estate tax. “I’d love to get rid of it,”...
Service over the phone and at Taxpayer Assistance Centers and safety at TACs are among the issues still in need of improvement by the Internal Revenue...
Bloomberg via Getty Images Amid the agency’s turmoil this year, the Internal Revenue Service has some good news from 2024 regarding service and collections. The agency...
Total postsecondary spring enrollment grew 3.2% year-over-year, according to a report. The National Student Clearinghouse Research Center published the latest edition of its Current Term Enrollment...
Jordan Vonderhaar/Photographer: Jordan Vonderhaar/ The Internal Revenue Service has released Notice 2025-27, which provides interim guidance on an optional simplified method for determining an applicable corporation for...
Conquering tariffs; bracing for notices; FBAR penalty timing; and other highlights from our favorite tax bloggers. Whiplash Number-crunching Canopy (https://www.getcanopy.com/blog): “7-Figure Firm, 4-Hour Workweek: 5 Questions...
