IRS Boosts Hiring for Tax Professionals The IRS recently made a critical announcement that impacts tax professionals across the United States. In an effort to improve its customer service capabilities,…
New Excise Tax Regulations on Excess Executive Compensation Tax professionals should take note as the IRS has unveiled its intention to issue proposed regulations concerning the excise tax on excessive…
Why Tax Professionals Should Care About the IRS 2025 Data Book The IRS has released its fiscal year 2025 Data Book, offering a detailed overview of the agency’s activities and…
New Framework Announced to Combat Tax Fraud The IRS in collaboration with the Security Summit partners has introduced a comprehensive framework aimed at better protecting taxpayers and safeguarding tax revenue…
Importance of State Participation in Federal Scholarship Programmes Over half of the U.S. states have chosen to participate in the federal scholarship tax credit programme initiated under the recent expansive…
Why the ETAC 2026 Report Matters to Tax Professionals Tax professionals rely on timely insights into IRS operations to best serve their clients. The Electronic Tax Administration Advisory Committee (ETAC)…
IRS Taxpayer Assistance Centers: Weekend Hours Announcement For tax professionals seeking assistance during peak times, the upcoming weekend marks the last opportunity for services available at IRS Taxpayer Assistance Centers…
Why the Advocate’s Report Matters This month, the National Taxpayer Advocate released its mid-year report to Congress, a vital document that could inform the practices of tax professionals worldwide. This…
Introduction The IRS Newsroom recently provided key clarifications on the tax treatment of contributions to Trump Accounts, through the introduction of a safe harbour rule. This development holds significant implications…