Tax

The Treasury Department canceled $21 million in contracts, alleging the consulting firm failed to protect taxpayer data, including President Trump's tax returns.

The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the threat of another government shutdown.

States generally assert taxing authority over income based on two core principles: residency and source.

'Cautious optimism' is the watchword for this tax season — but there's still plenty tax practitioners can do to make it run smoothly.

The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay under the One Big Beautiful Bill Act.

Plus, Schneider Downs Digital launches AI finance companion; Ramp introduces live budget tracking; and other accounting tech updates.

The OBBBA reshaped several baseline assumptions for 2026 planning around state and local tax, above-the-line deductions and updated inflation adjustments.

Credits galore; boost boast; and other highlights of recent tax cases.

The Tennessee Society of CPAs organized an annual visit to the state capital in Nashville to visit legislators and call on them to make changes in state laws.

The National Association of Tax Professionals unveiled two new credentials focusing on representation, due diligence and ethical practice.

Notice 2026-13 provides safe harbor explanations that may be used by plan administrators for explaining eligible rollover distributions.

April, a tax solutions platform, announced a partnership that will allow debit card holders to file their 2025 federal and state tax returns for free on PayPal's platform.

IRS CEO Frank Bisgnano announced changes in the agency's executive ranks and priorities only a few days before the start of tax season on Jan. 26.

Here are four things your business clients should be doing today.

Pumping up energy credits; rental prop problems; the OBBBA and financial aid; and other highlights from our favorite tax bloggers.

The Internal Revenue Service and the Treasury said the payment of $1,776 for members of the military announced by President Trump last month would not be taxed.

The measures could include tariffs, new taxes on tech companies or targeted curbs on investments in the EU.

Rev. Proc. 2026-08 updates procedures for exemption from income tax on a group basis for 501(c) organizations that are under the control of a central organization.

The ballot initiative was proposed by a California union as a way to fund health care.

New OBBBA restrictions mean wealthy donors lose deductions on smaller, routine gifts. Here is how to use DAFs and donation grouping to preserve tax benefits.