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Clear filters
IRS Reinstates Some Furloughed Staff Amid Government Shutdown
The Trusted Professional
According to Bloomberg Tax, the IRS has reinstated some select employees who were furloughed amid the current government…
Read More
Treasury Launches Department-Wide Fraud Investigation into Contracting Programs
Accounting
The US Treasury has ordered a full audit of all contracts and task orders awarded under preference-based contracting…
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NATP Warns Shutdown and Staffing Cuts Threaten IRS Operations
Accounting
The National Association of tax Professionals (NATP) has warned congressional leaders that ongoing government shutdowns and…
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IRS Grants Reporting Relief for Employers on Tips and Overtime for Tax Year 2025
Accounting
The IRS has announced temporary relief for employers and other payers who may struggle to comply with new reporting rules on…
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IRS Ends Its Direct File Program
The Trusted Professional
According toThe Associated Press, IRS Direct File will not be offered next year as confirmed by the Trump administration.…
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Where Most Fraud Really Comes From
Accounting
At this year’s FAE Business and Industry Conference, experts Anthony M. Bracco and Brian Sanvidge offered a closer look at…
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Zohran Mamdani Wins New York City Mayoral Race
Advocacy
Zohran Mamdani, a 34-year-old state assemblyman from Queens and a democratic socialist, was elected the 111th mayor of New…
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Supreme Court to Weigh Trump Tariffs in Landmark Case on Presidential Power
Accounting
The Supreme Court will hear arguments this week in a major case testing whether President Donald Trump exceeded his…
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Accounting’s Talent Problem Isn’t Just Burnout
Accounting
According to the 2025 Accounting MOVE Project Report, nearly 63% of firms say burnout is the top reason employees leave.…
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