Former Taxpayer Advocate Olson on IRS Cuts, DOGE
Center for Taxpayer Rights Executive Director Nina Olson, the previous National Taxpayer Advocate, warned that IRS workforce reductions and the …
Thomson Reuters Tax & Accounting News
USCIS Reaches H-2B Cap for Second Half of FY 2025
The U.S. Citizenship and Immigration Services (USCIS) has reached the Congressionally-mandated cap on H-2B visas for temporary non-agricultural workers for …
Amid IRS Staffing Cuts, Case Timelines Impacted
As the IRS wades through staffing cuts and changes at the leadership level, one practitioner sees a “silver lining” for …
Clayton Started More Accounting Enforcement Actions Than Gensler at SEC
The average number of accounting and auditing enforcement actions initiated per year during Jay Clayton’s tenure as Securities and Exchange …
Dems Grill Trump’s Pick to Head Social Security Administration
Nominee Frank Bisignano faced questions from lawmakers about his plans to step up beneficiary services and data privacy — and …
New Rule Provides Broad Exemptions From Beneficial Ownership Reporting
Treasury’s Financial Crimes Enforcement Network (FinCEN) released an interim final rule Friday that will apply the Corporate Transparency Act’s beneficial …
What Health Coverage Must Be Offered to Avoid or Minimize Employer Shared Responsibility Penalty Exposure?
QUESTION: We are an employer subject to Code § 4980H. In order to avoid employer shared responsibility penalties, what health …
Judge Blocks DOGE From Treasury Records
The Treasury Department, Office of Personnel Management (OPM), and the Department of Education are enjoined from disclosing personal identifying information …
Member Ho Gives PCAOB a Bad Grade
Public Company Accounting Oversight Board (PCAOB) member Christina Ho said she is giving the board “a low grade” for standard-setting …
OPM Appeals Employee Reinstatement Order in Supreme Court
After an unsuccessful attempt at the circuit level, the Trump administration asked the U.S. Supreme Court to block a federal …
Cybersecurity Tips for Tax Season
With new and ongoing data security threats, a cybersecurity expert offers his advice for protecting taxpayer data this filing season. …
IRS Recommends Electronic Options for Tax Filing and Payment
As the April 15 tax deadline nears, the IRS urged taxpayers to use electronic filing and payment options available on …
Judge Declines to Block IRS From Sharing Immigrant Data; Dems Sound Alarm
A Trump-appointed federal judge denied immigrant rights advocacy groups’ motion to temporarily enjoin the IRS from sharing tax records with …