The expiration of premium tax credits for health insurance could lead to hundreds of thousands of job losses and billions in reductions to state revenues.

The Trump administration's tax bill has created the opportunity to deduct domestic R&E expenses

A review of over 800 calls found that the overwhelming majority of phone interactions with Internal Revenue Service reps were courteous and professional.

Despite the government shutdown, the IRS is reminding taxpayers and tax professionals that 2024 tax returns that were put on extension are still due.

The fact that many financial advisors say they do not provide tax planning belies how much value they may add through that service, according to an expert.

Notice 2025-55 provides relief in connection with the new excise tax imposed on certain remittance transfers under the One Big Beautiful tax bill. 

Rev. Proc. 2025-32 from the Internal Revenue Service detailed a number of changes, including a rise in the standard deduction to $32,200 for married couples filing jointly.

The Internal Revenue Service is taking steps to make sure taxpayers and tax preparers can reflect OBBBA changes in 2025 tax returns.

Employee benefit planners need to be thinking about the OBBBA and other Trump administration initiatives.

Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.

Avalara's new AI capacities build on its previously announced updates to its architecture, centering around automation, insights and AI agent integration.

The American Institute of CPAs is urging the federal government to keep all Internal Revenue Service employees working for the duration of the shutdown.

The comment period has been extended to March 31, and the extra 45 days to perfect R&D claims is now available Jan. 10.

Getting started on our next shutdown; bleeding tax lawyers; who really levies tariffs?; and other highlights from our favorite tax bloggers.

The proposed ASU offers guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

The IRS is lowering the fee for PTINs from $11 to $10.

Paul Atkins said the proposal will let companies report on a semi-annual basis, though many might still choose to report quarterly.

The Treasury and the IRS issued guidance on qualified OZ investments in rural areas under the One Big Beautiful Bill Act.

The plan estimates up to half a workday would be needed to complete shutdown activities.

The Financial Accounting Standards Board issued an standards update to address stakeholder concerns about the application of derivative accounting.