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Clear filters
GAO Urges IRS to Repair Broken Kiosks at Taxpayer Assistance Centers
The Trusted Professional
In a new report from the U.S. Government Accountability Office (GAO), the agency suggested that the IRS conduct a study to…
Read More
Court Strikes Blow as NY, NJ Lose Chance to Keep SALT Cap Workarounds Alive
The Trusted Professional
New York and New Jersey were not able to take down the Treasury Department's ban on programs letting residents of these…
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Growth Opportunities for Accounting Firms on the Horizon
The Trusted Professional
Firms the have the most revenue growth in the last year expect many opportunities to open on the horizon for them and those…
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GAO to IRS: Boost Public Education Efforts on Tax Credits
The Trusted Professional
In an Aug. 2025 report, the U.S. Government Accountability Office (GAO) is suggesting that IRS develop a comprehensive…
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IRS Clarifies It Will Share Appeals Case Memorandums Upon Taxpayer Request
The Trusted Professional
In a response to many years of advocacy and mounting concern from the National Taxpayer Advocate (NTA) Erin Collins, the…
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Payroll Departments Brace for Overtime and Benefits Questions Under New Tax Law
Accounting
The One Big Beautiful Bill Act is creating a wave of questions for payroll teams, HR departments, and employees, especially…
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Regulatory Roundup: Aug. 5-11
The Trusted Professional
AICPA CIMA celebrates 60 years of delivering trust, opportunity and prosperity in Hong KongAug 07, 2025 CIMA and MIA renew…
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IRS Shake-Up: Bessent Steps in as IRS Head After Trump Ousts Long
The Trusted Professional
On Aug. 8, President Donald Trump removed IRS Commissioner Billy Long from his position. Long will be replaced on a…
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IRS: No Changes to 2025 Individual Information Returns or Withholding Tables Under the OBBBA
The Trusted Professional
On Aug. 8, the IRS said that, with its phased implementation of the One Big Beautiful Bill Act (OBBA), there will be no…
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