IRS unveils new automatic penalty relief process
The IRS announced that this summer, it will transition to a new “systemic relief program” dubbed Automatic Exemption from Penalty (AEP). The …
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11th Circuit weighs Coca-Cola, IRS clash over transfer pricing methodology change-up
On June 25, the 11th U.S. Circuit Court of Appeals considered Coca-Cola Company’s challenge to the IRS’ change to a …
House taxwriters approve taxpayer rights, administrative bill package
The House Ways and Means Committee has approved a package of seven bills aimed at protecting taxpayer rights, improving IRS …
IRS Office of Professional Responsibility issues guidelines on AI use in tax practice
The IRS Office of Professional Responsibility (OPR) has released new introductory guidelines clarifying how existing professional standards under Circular 230 …
Qualified Opportunity Zone transitional guidance issued
The IRS released transitional guidance on Qualified Opportunity Zones (QOZs) following recent legislative changes. The guidance addresses how investors and …
As trust fund nears insolvency, SSA chief actuary shares options
The Social Security Administration’s (SSA) Old-Age and Survivors Insurance (OASI) Trust Fund, which pays retirement benefits, is now projected to …
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Payroll Analytics A Key Focus at PayrollOrg’s Leaders Conference
Las Vegas traded slot machines for spreadsheets at the PayrollOrg Leaders Conference from September 14–17, 2025. The annual event drew …
SEC’s Atkins says no-action policy shift yields few proxy season disruptions; backs ‘materiality overlay’ in disclosure reform
Securities and Exchange Commission (SEC) Chairman Paul Atkins said that a major policy shift implemented last year — in which …
On-Demand Pay, Off-Schedule Compliance: What Payroll Leaders Need to Know About Earned Wage Access
The numbers are hard to ignore. A record 55% of Americans say their financial situation is getting worse, up from 53% last …