TAX NEWS
- Commissioner Billy Long explained his management philosophy at the 2025 Tax Summit of the National Association of Enrolled Agents, where he said IRS employees will be able to implement the OBBBA’s tax provisions.
- A retired IRS communications executive told the AICPA’s Town Hall that employees will be challenged to explain tax changes in the massive law.
- The IRS warned that those who do not revalidate accounts by Tuesday will need to request access to the account again, either as a designated official or other user type.
- A bill supported by the AICPA is “a major win for taxpayers and tax practitioners,” according to a statement by President and CEO Mark Koziel. The bill, which now heads to President Donald Trump for his signature, is intended to speed up the granting of tax deadline extensions after a disaster.
- In a letter to Treasury and the IRS, the AICPA requested guidance on language in proposed regulations issued in January.
- Being nice is one of tax controversy attorney Melissa Wiley’s ways of getting answers from the IRS, which also includes knowing the Internal Revenue Manual and using self-service tools.
- An executive order issued in March requires the Treasury secretary to cease issuing paper checks for all federal disbursements and requires all payments made by the federal government to be electronically processed.
- The IRS said Tuesday that it expects to issue a revised notice of proposed rulemaking after it studies the issues addressed in the 2019 proposed regulations.
- The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and overtime pay, and addresses other tax priorities of the Trump administration.
- An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new tax increases” on passthrough business including CPA firms.
- The Chehalis Lodging Tax Advisory Committee is accepting applications from IRS tax-exempt organizations and government entities for use of lodging tax funds for the 2026 budget year. Applications are …
- Taxpayers can extend the deadline to file 2024 Arkansas state income tax returns and to pay Arkansas state income taxes from July 31 to Dec. 3, the state Department of Finance and Administration …
- IRS overhaul targets a 50-year-old tax IT system under scrutiny. New plans aim to modernize IDRS amid privacy, staffing, and more.
- Commissioner Billy Long explained his management philosophy at the 2025 Tax Summit of the National Association of Enrolled Agents, where he said IRS employees will be able to implement the OBBBA’s tax …
- The IRS letters to current and former federal workers prompted tax experts to warn that the unpaid bills could be used as a pretext to fire them.
- It might be tempting to underreport your income or tilt the value of tax deductions in your favor. But the IRS has its methods for catching people who cheat.
- The Trump administration is reportedly considering the elimination of multilingual tax services provided by the Internal Revenue Service (IRS). If implemented, this change could significantly …
- The Trump administration is taking concrete steps to eliminate the IRS while proposing tariffs as replacement revenue. Critics and economic experts question whether the math works for this dramatic …
- Bryan Kohberger will spend the rest of his life in prison for the grisly murders of four young University of Idaho students. Ethan Chapin, 20, Xana Kernodle, 20, Madison Mogen, 21, and Kaylee …
- Are we getting a stimulus check or rebate from Trump this year? Status update on eligibility, inflation refunds, and how to track IRS refund checks …