Bipartisan Group Pushes for Work Credit Extension, Enhancement The Work Opportunity Tax Credit (WOTC) – aimed at helping transition certain groups back into the workforce – is set …
OBBB Enhancements to Qualified Small Business Stock Rules The One Big Beautiful Bill Act (OBBB) enhanced the federal tax exclusion for certain gain from qualified small business stock …
House Passes Two Taxpayer Protection Bills The House passed two bipartisan bills aimed at strengthening taxpayer rights on December 1 – the Fair and Accountable IRS …
Charitable Deduction Unpacked – Individual Itemizers On Giving Tuesday, here’s what to know about how the charitable deduction will change next year – and how professionals …
Senate Funding Plan for IRS, SEC Unveiled Senate appropriators released their fiscal year 2026 funding plan for Treasury, the IRS, and the SEC on November 24, 2025. …
What to Know as the IRS Emerges from the Shutdown The recent government shutdown was unique because prior funding allowed many IRS employees to remain on the job. However, after …
Relief for Taxpayers Who Can’t Pay Their Tax Bill Shannon Christensen April 20, 2025 As a tax practitioner, your role extends beyond preparing tax returns; you are a vital …
Chavez-DeRemer Distances from PRO Act, Calls for Labor Law Modernization During Labor Secretary Senate Hearing In her opening statement to the Senate Committee on Health, Education, Labor, and Pensions (HELP) on February 19, Secretary of Labor nominee Lori …
Legal Challenges Hamper SEC, PCAOB Enforcement Against Auditors in Second Half of 2024 – Report The number of enforcement actions brought against company auditors by the Securities and Exchange Commission (SEC) and the Public Company …