Taxes March 24, 2026
28% of Fortune 1000 Now Active in Clean Energy Tax Credit Market
Total tax credit monetization reached $63 billion in 2025, a 27% year-over-year increase.
Taxes October 2, 2025
IRS Extends Form 6765 Comment Period to March 31, 2026
The agency said Oct. 1 that it wants to receive additional feedback about the draft instructions for Form 6765 and is extending the dates for certain reporting rules related to the Credit for Increasing Research Activities, also known as the research tax credit.
Taxes October 2, 2025
IRS: Volunteers Needed to Provide No-Cost Tax Services
The IRS is seeking volunteers to support the Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs, which offer free basic tax return preparation to qualified individuals.
Taxes October 2, 2025
‘People Are Angry’: Thousands of Kansas City IRS Workers Brace for Federal Shutdown
IRS employees across the Kansas City region are bracing for the full impact of a federal government shutdown poised to force thousands home without pay.
Taxes October 1, 2025
Websites for TIGTA, Other Government Watchdogs Disappear as Government Shuts Down
For at least a half dozen government watchdog offices, their sites appeared blank on Oct. 1 except for a terse message: “Due to a lack of apportionment of funds, this website is currently unavailable.”
Taxes October 1, 2025
IRS Appeals Office Rolls Out Post-Appeals Mediation Pilot Program
The IRS said on Oct. 1 that the Independent Office of Appeals has launched a two-year pilot program to increase awareness of post-appeals mediation, as well as to make it a more attractive option to taxpayers.
IRS September 30, 2025
Treasury Department Lays Out IRS Contingency Plan as Shutdown Nears
If lawmakers can't agree to a last-minute deal to keep the federal government open beyond Tuesday evening, the plan says the IRS would tap into funding from the Inflation Reduction Act of 2022 to keep its entire workforce working for a period of five business days.
Taxes September 30, 2025
IRS Lowers PTIN Renewal Fee to $10
The fee tax professionals pay to renew or apply for a preparer tax identification number will be reduced from $11 to $10 starting in mid-October, the IRS said on Sept. 29.
Taxes September 29, 2025
AICPA Expresses Concern, Urges Immediate IRS Announcement of Contingency Plan in Preparation for Government Shutdown
The American Institute of CPAs (AICPA) has sent an urgent letter to Treasury Secretary and Acting IRS Commissioner Scott Bessent, urging the Internal Revenue Service (IRS) to announce its contingency plan in preparation of a government shutdown on October 1, 2025.
Taxes September 23, 2025
IRS Keeps ‘High-Low’ Per Diem Rates for Business Travel Unchanged
Starting Oct. 1, the per diem rates used to calculate tax deductions for business travel expenses will be $319 to high-cost locations and $225 to low-cost areas, which are the same amounts as the previous year.
Taxes September 23, 2025
IRS to Phase Out Paper Refund Checks for Taxpayers Beginning Sept. 30
The IRS will begin phasing out paper tax refund checks for taxpayers starting Sept. 30, marking a major shift toward electronic payments, the agency said Tuesday.
Taxes September 23, 2025
Michigan Nursing Home Sues IRS, Claiming It’s Owed a $4.9M Employee Retention Credit
Thornapple Manor has filed suit against the IRS, alleging that it hasn’t received $4.9 million in refunds that it was eligible for under a pandemic-era tax credit.
Taxes September 23, 2025
IRS Provides Tax Relief to Livestock Farmers and Ranchers Impacted by Drought
The IRS issued guidance on Sept. 22 that provides tax relief for farmers and ranchers in every state except for Alaska who sold or exchanged livestock because of "exceptional, extreme, or severe" drought conditions.