Enforcement activity and Tax Court cases are at a standstill, and practitioners should expect backlogs and slowdowns.
The proposed regulations will provide a rule for determining the source of borrow fees paid in securities-lending ...
IRVINE, CALIFORNIA / ACCESS Newswire / October 1, 2025 / The IRS has announced tougher penalties for late payroll tax deposits in 2025, signaling a renewed focus on employer compliance. Payroll taxes ...
The IRS is facing significant delays in processing tax refunds in 2025, primarily due to a mandatory shift to electronic payments. This change stems from Executive Order 14247, signed by President ...
The AICPA said taxpayers and tax professionals need certainty about how to claim the deductions for 2025. The IRS has said it will not update its forms until 2026.
Millions of Americans who were granted tax filing extensions have until 11:59 p.m. on Wednesday to file their returns.
Here's a rundown of changes to some well-known tax provisions for the 2026 tax year, plus how the “big, beautiful bill” may ...
Missing IRS deadlines can carry financial consequences. Failure to file and pay a tax return on time can result in a penalty ...