Trapped in Limbo: A Deep Dive Into the IRS Identity Theft Resolution Crisis
By Martha Waggoner Enriched and Expanded Report Introduction: The Anatomy of a Bureaucratic Nightmare For millions of Americans, tax season...
Personal Tax Planning
IRS Advancing Tens of Billions in Stalled High-Income Tax Cases Following Internal Watchdog Audit
WASHINGTON — In a sweeping oversight report that exposes critical operational vulnerabilities within the nation's tax collection agency, the Treasury...
IRS Expands Business Tax Account Capabilities to Streamline Digital Self-Service for Millions of Entities
WASHINGTON — In a significant stride toward modernizing federal tax administration, the Internal Revenue Service (IRS) announced a major expansion...
IRS Issues Comprehensive Guidance on OBBBA Overtime Pay Deductions for Tax Year 2026
WASHINGTON — The Internal Revenue Service (IRS) has released an expansive, updated set of frequently asked questions (FAQs) regarding the...
IRS Issues Final Regulations Aligning Backup Withholding Thresholds with OBBBA Legislation
WASHINGTON — The Internal Revenue Service (IRS) has officially published final regulations (T.D. 10053) that officially codify sweeping adjustments to...
IRS Cybersecurity Program Flunked by Watchdog for Second Year, Exposing Millions of Taxpayers to Data Vulnerabilities
By Investigative Reporting Desk Updated for Fiscal Year 2026 For the second consecutive year, federal watchdogs have issued a dire...
From Pepperoni to Practice Management: How CPA Nicole Davis Invented the ‘Tax Return Pizza Tracker’
By Business and Technology Desk Published: August 2026 Main Facts In the fast-paced world of accounting and tax preparation, client...
IRS Unveils Comprehensive Proposed Regulations on Trump Accounts, Setting $2,500 Employee-Centric Contribution Limits
WASHINGTON — The Internal Revenue Service (IRS) and the Department of the Treasury have released long-awaited proposed regulations (REG-101355-26) governing...
FinCEN Permanently Ends Beneficial Ownership Reporting Requirements for U.S. Entities Under Corporate Transparency Act
WASHINGTON — In a sweeping regulatory pivot that dramatically scales back one of the most prominent compliance burdens placed on...
IRS Faces Severe Tech Failures and Staffing Shortages During 2026 Filing Season, GAO Report Reveals
WASHINGTON — While the vast majority of American taxpayers navigated a relatively smooth path through the 2026 tax filing season,...
IRS Issues Notice 2026-49: Streamlining Retirement Plan and IRA Rollovers Under SECURE 2.0
WASHINGTON — In a major regulatory step aimed at modernizing and securing the retirement landscape, the Internal Revenue Service (IRS)...
IRS Overhauls Conservation Easement Strategy: New Specialized Office Replaces Blanket Settlement Initiatives
WASHINGTON — In a major strategic shift aimed at resolving years of costly, complex tax disputes, the Internal Revenue Service...
