IRS

The National Taxpayers Union Foundation is asking the Internal Revenue Service to modify the proposed regs for the "no tax on tips" part of the One Big Beautiful Bill Act,

Fact Sheet 2025-08 goes into detail regarding the dollar threshold for filing Form 1099-K under the One, Big, Beautiful Bill Act.

The Internal Revenue Service fact sheet answers questions about the impact of the One Big Beautiful Bill Act on the processing of Employee Retention Credits.

The proposed regulations will provide a rule for determining the source of borrow fees paid in securities-lending transactions and sale-repurchase transactions.

The Internal Revenue Service spelled out some of the services that will be limited or unavailable during the government shutdown.

The Senate passed the Internal Revenue Service Math and Taxpayer Help Act despite the government shutdown, sending it to President Trump for his signature.

Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.

Using AI to teach accounting; CPAs and financial statements; TIGTA on joint returns; and other highlights from our favorite tax bloggers.

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and tip income under the OBBA.

Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.