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Emma Slack-Jorgensen
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Many Workers Might Only See Small Changes in Their Taxes Next Year
Accounting
Changes to the federal tax code are likely to boost the typical refund amount for the upcoming filing season, but the…
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DOJ Final Rule Implements Division of Duties in DOJ Civil and Criminal Divisions
Accounting
The Department of Justice (DOJ) has finalized a restructuring move where all functions of former Tax Division will transfer…
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IRS Releases New Guidance Increasing HSA Eligibility in Response to the OBBBA
Accounting
The US Treasury Department and IRS have issued Notice 2026-05, answering numerous questions related to a series of Health…
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House Passes Bipartisan Legislation to Enhance Taxpayer Rights
Accounting
The House has passed two bipartisan measures to strengthen taxpayer protections and modernize tax administration: the Fair…
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IRS Requests Comment on New Scholarship Tax Credit Regulations
Accounting
The IRS and Treasury Department are soliciting comments from the public regarding upcoming regulations related to a new…
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Six Small Business Trends Accountants Should Watch in 2025
Accounting
The 2025 Intuit QuickBooks Small Business Index Annual Report delved into how small businesses are navigating credit,…
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IRS Outlines Steps to Resume Normal Operations After Shutdown
Accounting
The IRS said on Nov. 21 that it has resumed normal operations now that the federal government shutdown has ended, according…
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FASB's Review of Leases Identifies High Costs and Varied Outcomes for Lessees
Accounting
FASB has issues a post-implementation review of ASC 842, taking an extended look at how the leases standard has worked since…
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AICPA Pushes Back on Proposed IRS Office Merger
Accounting
According to the Journal of Accountancy, the AICPA is pressing the IRS to reconsider a planned merger between the Office of…
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