2025 Tax Act Myths: Social Security Tax Rules Unchanged – New Senior Deduction
October 23, 2025 Background Since the passage of the 2025 Act (formerly known as the One Big Beautiful Bill Act), …
Mary Lundstedt, J.D., LLM, Checkpoint News
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Werfel Resigns as Trump Takes Office
IRS Commissioner Danny Werfel announced on Friday that he would leave the agency before the end of his term, ahead …
Preparing for New 1099 Digital Asset Reporting Rules
The IRS’ new digital asset form will make its debut this upcoming tax season for 2025 transactions. Nik Fahrer, director …
Transition Challenges Expected as Treasury Goes Paperless
Back in March, President Trump issued an executive order mandating that Treasury and the IRS largely transition to electronic payments, …