Ways and Means Seeks IRS Action on Minnesota Non-Profit Fraud Scheme
House Ways and Means Committee Chairman Jason Smith (R-MO) urged the IRS to take action to prevent taxpayer-funded fraud from …
AI-Driven Fraud Risk Heightened for 2026 Filing Season
Tax professionals and their clients will face increasingly sophisticated AI-driven fraud schemes during the upcoming tax filing season. However, one …
Fifth Circuit Reverses Tax Court on Limited Partner Self-Employment Tax
The 5th U.S. Circuit Court of Appeals ruled that the definition of “limited partner” for federal self-employment tax exemption purposes …
Appropriations Minibus Includes $11.6B IRS Clawback
The $1.2 trillion, three-bill government spending proposal released by congressional appropriators January 20 would strip $11.6 billion from the IRS’ …
Republican Group Releases OBBB Follow-Up Framework
As implementation work on the One Big Beautiful Bill Act’s many tax provisions continues, the Republican Study Committee (RSC) released …
House Committee Moves on Yet Another Tax Administration Bill
On Wednesday, the House Ways and Means Committee advanced a bipartisan bill that would require the IRS to adopt modern …
IRS Provides Guidance on Post-OBBB Bonus Depreciation
The IRS issued guidance clarifying elections available to taxpayers after the One Big Beautiful Bill Act made 100% bonus depreciation …
Loper Bright Has Not Yet Led to an Anti-Reg ‘Tsunami,’ Legal Experts Say
Leading tax and administrative law experts unpacked evolving regulatory challenges following the Supreme Court’s landmark decision in Loper Bright, which overruled …
Treasury Touts Deregulation While Experts Warn of Risks
Amid the Trump administration’s deregulatory efforts, some tax experts cautioned that revamping and simplifying rules could lead to greater uncertainty …
Former IRS Chiefs Gauge Tax Season Readiness
A panel of former top IRS and Justice Department officials at the D.C. Bar Tax Conference January 7 warned of …