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 …
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 …
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 …
CPAs Urge IRS to Retain Full Workforce During Possible Shutdown
The American Institute of CPAs (AICPA) is urging the IRS and Treasury to release a contingency plan that retains 100% …
Treasury Optimistic About Tax Season Despite Concerns Over Delays
The National Taxpayer Advocate’s latest annual report to Congress warns that significant workforce reductions and complex new tax laws present …
Carbon Capture Credit Safe Harbor Creates 2025 Backup Reporting Method
The Treasury Department and the IRS have released guidance providing a safe harbor for taxpayers claiming the tax credit for …
Dems Press Treasury on Retroactive R&E Expensing ‘Loophole’
Nine congressional Democrats urged Treasury leaders not to establish a Corporate Alternative Minimum Tax carveout for companies that accelerate their …
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. …
Treasury Taps ‘IRS CEO’ as Agency Navigates Overhaul During Shutdown
With the government shut down and the IRS on a trajectory towards a slimmer workforce, the Treasury Department announced the …
Deputy Treasury Secretary: Ideal Tax System Needs a ‘Common Sense’ Approach
The most recent acting IRS commissioner told an audience of tax data analysts that research into administrative and policy matters …