Can Splitting Out Exempt Orgs Save the IRS?
As the IRS faces large staffing and budget cuts, a former Exempt Organizations Division director proposes systemic changes — including …
Senate, House Moving Forward with Separate Tax Reform Approaches
The House is forging ahead with its budget resolution — setting up expedited consideration of a broad bill that includes tax reform …
Academics: AI, Tech Can Help Close Tax Admin ‘Digital Divide’
The IRS and tax practitioners have ways to leverage artificial intelligence and other digital solutions when assisting certain low-income taxpayers …
Cryptocurrency – Global Regulatory Updates
Background A bit of history about cryptocurrency. Bitcoin was the first cryptocurrency created and was launched in January 2009 by …
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 …
IRS Staff Cuts Could Have ‘Catastrophic Impact’ on Filing Season
Senate Democrats told leadership at Treasury and IRS that it is “nearly inevitable” that the recent IRS hiring freeze and …
Can Employees Change Health FSA Elections Midyear If They Are Prevented From Receiving Medical Care That They Anticipated When Elections Were Made?
QUESTION: I administer our company’s health FSA, and employees often ask me if they can reduce their contributions because something …
Tax Reform ‘Complications’ to Watch For
As the House moves ahead on with “one big, beautiful bill” to address expiring Tax Cuts and Jobs Act (TCJA, …
DOGE Targets IRS as Federal Judge Mulls Treasury Systems Dispute
Heading into Presidents’ Day weekend, Elon Musk and his Department of Government Efficiency (DOGE) turned their attention toward the IRS, …
Louisiana Issues Guidance on Use Tax on Vehicles Registered by New Residents
The Louisiana Department of Revenue has issued guidance on the calculation of use tax on vehicles registered by new residents. …