OBBB Put Pressure on States to Raise Revenues, Analysts Say
Policy experts warned that the One Big Beautiful Bill (OBBB) is creating a fiscal crisis for states, forcing them to …
IRS Falling Behind on Paperless Processing Goals
The IRS has made limited progress in its efforts to digitize tax returns and may struggle to meet a federal …
Taxpayers Must Be More Diligent With Downsized IRS, Says Expert
Taxpayers and practitioners must be more diligent, persistent, and organized in 2026 to navigate a “thoroughly exhausted” and understaffed IRS, …
Trump’s $10B IRS Suit Over Tax Data Leaks Raises Legal Issues
President Donald Trump, along with his two eldest sons and the Trump Organization, have filed a lawsuit against the IRS …
Firms Need to Keep Pace With Gov’t AI Adoption, Tax Pro Says
The digitalization of the economy and the acceleration of powerful artificial intelligence (AI) tools have necessitated that businesses and firms …
Expert Analyzes IRS Trends in Estate, Gift Tax Audit Disputes
The best way to handle gift and estate tax controversy work is to anticipate the dispute at the estate planning …
OBBB Charitable Deduction Rules Reshape Giving Strategies
One Big Beautiful Bill Act’s (OBBB) changes to the charitable deduction are forcing both individual and corporate donors to rethink …
Understanding OBBB Enhancements to Employer Leave and Childcare Credits
The One Big Beautiful Bill Act (OBBB) permanently enhanced employer credits for paid family and medical leave and employer-provided childcare. …
Despite Shutdown, IRS Staff to Continue Work
The IRS shared that despite a partial government shutdown, all employees will continue working this week. The agency’s employee emergency …
What OBBB Means for Your Clients’ Itemized Deductions
Practitioner’s Tax Action Bulletin® February 2, 2026 The 2025 Act (also referred to as the One Big Beautiful Bill or …