Tax laws

Handling tough clients; not all revenue is created equal; military returns; and other highlights from our favorite tax bloggers.

The Internal Revenue Service is confronting a daunting array of management and performance challenges in fiscal year 2026, according to a new report.

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 IRS posted guidance just in the nick of time for some taxpayers on the treatment of research and experimentation expenses under the new tax law.

The One Big Beautiful Bill Act is one of the most significant tax reforms since the Tax Cuts and Jobs Act of 2017.

The Senate passed a bipartisan bill that would provide tax-filing relief for taxpayers in states that have issued state-level disaster declarations, sending the bill to President Trump for his signature.

The American Institute of CPAs submitted a set of legislative priorities in a letter to congressional leaders, suggesting possible changes to the tax rules.

The pace of natural disasters seems to be accelerating, prompting taxpayers and preparers to search for ways to deduct catastrophic losses.

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 or more last year.

Scott Bessent, President-elect Donald Trump's pick to serve as Treasury secretary, is aiming to build support for his nomination

The Internal Revenue Service extended its transition relief for the new Form 1099-K information reporting threshold.

The GOP defeated Banking Chairman Sherrod Brown in Ohio, fended off an unexpectedly tough challenge to Nebraska' Deb Fischer and picked up the open Senate seat in West Virginia.

The Ways and Means Committee advanced five tax-related bills, including one that would eliminate a requirement to report payments of $600 from third-party networks.

Tax targets; getting creative; one SALT workaround; and other highlights from our favorite tax bloggers.

Post-Chevon; sending your marketing out; new blog in town; and other highlights from our favorite tax bloggers.

Welcome, 1099-DA; moving out and moving on; not all CRM is alike; and other highlights from our favorite tax bloggers.

A new analysis of 110 years of state-level tax policies shows a migration of wealthy Americans to low-tax jurisdictions.

The ability to write off research and development expenses in the first year would be revived if the Senate ever manages to pass the Tax Relief for American Families and Workers Act.

A new analysis forecasts a higher return on investment from the Inflation Reduction Act of 2022, but only if the funding isn't reduced.

What do these changes mean for taxpayers and how can accountants help manage the impact?