IRS Clarifies Method for Disaster Victims in 9 States to Request Additional Filing Extension (04/07/2025)
The IRS reminded disaster victims in nine states that their 2024 tax filing and payment deadlines are automatically extended until …
Senate Makes a Move Toward Tax Reform
Senate Republicans unveiled their version of a budget resolution to set up tax reform Wednesday afternoon, with significantly different deficit instructions than …
States, Policy Orgs Support Crypto Trader in Fourth Amendment Claim Against IRS
A group of states and nonprofit policy organizations encouraged the Supreme Court to grant cert to a digital asset exchange …
At Hearing on Combating Fraud, Some Call for Repeal of Corporate Transparency Act
A recent House subcommittee hearing featured a discussion on how to best protect Americans from the growing risk of financial …
Accounting Firms, Trade Orgs Support Coca-Cola in Transfer Pricing Case
Three of the Big Four accounting firms, as well as two major trade organizations, filed amici curiae briefs with the …
Former Taxpayer Advocate Olson on IRS Cuts, DOGE
Center for Taxpayer Rights Executive Director Nina Olson, the previous National Taxpayer Advocate, warned that IRS workforce reductions and the …
Amid IRS Staffing Cuts, Case Timelines Impacted
As the IRS wades through staffing cuts and changes at the leadership level, one practitioner sees a “silver lining” for …
Dems Grill Trump’s Pick to Head Social Security Administration
Nominee Frank Bisignano faced questions from lawmakers about his plans to step up beneficiary services and data privacy — and …
New Rule Provides Broad Exemptions From Beneficial Ownership Reporting
Treasury’s Financial Crimes Enforcement Network (FinCEN) released an interim final rule Friday that will apply the Corporate Transparency Act’s beneficial …
Judge Blocks DOGE From Treasury Records
The Treasury Department, Office of Personnel Management (OPM), and the Department of Education are enjoined from disclosing personal identifying information …