Thomson Reuters Tax & Accounting News | Federal Tax

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. …

IRS Finalizes Stock Buyback Tax Rules

Treasury and the IRS have released final regulations on the 1% excise tax on the value of stock repurchased by …

Practical Ways to Gear Up for Tax Season

To mentally prepare the upcoming 2025 tax season, practitioners must move beyond survival mode and embrace the complexities of the …