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Clear filters
Efforts to Update Cryptocurrency Tax Policy Moving Forward Quickly
Accounting
As Congress continues to discuss how to regulate digital assets, efforts to update cryptocurrency tax policy are moving…
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IRS Receives Billions in Unidentified Payments
Accounting
A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the IRS received about $3.2…
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Form 990 Changes Could Bring New Reporting Burdens for Nonprofits
Accounting
According to Reuters, nonprofits may soon face more reporting requirements as the IRS updates Form 990. There will likely be…
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PCAOB asks for Public Feedback on Standard-Setting Agenda for the First Time
Accounting
According to Reuters, the Public Company Accounting Oversight Board (PCAOB) plans to ask for public feedback on its…
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SEC Proposal Would Give Public Companies Option for Semiannual Reporting
Accounting
The SEC has suggested a rule that would let public companies choose to report every six months instead of every quarter. This…
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NYC’s Second-Home Tax Proposal Signals Shift in Approach to Wealth
Accounting
Governor Kathy Hochul and Mayor Zohran Mamdani have agreed on a new tax plan, according to Accounting Today. They want…
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IRS Launches Online Tool to Help Taxpayers Navigate Debt
Accounting
The IRS has introduced a new online Tax Debt Help tool as it expands its digital services. Released shortly after the April…
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IRS Leader Says Filing Season Was Strong Even With Fewer Staff
Accounting
Frank Bisignano, CEO of the IRS, described the 2026 filing season as “the most successful filing season in IRS…
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IRS Grants DHS Workers Extra Time to File Amid Shutdown
Accounting
The Treasury Department and IRS are giving Department of Homeland Security (DHS) employees 30 more days to file their federal…
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