Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Taxes June 13, 2025
Ex-Lawyer Michael Avenatti Gets Nearly 8 More Years in Prison in Tax Case
The lawyer who represented adult film star Stormy Daniels in her court battles against President Donald Trump, was resentenced June 12 to 11 years in prison for dodging taxes and stealing millions of dollars from clients.
IRS June 12, 2025
Senate Confirms Billy Long as IRS Commissioner
The former Missouri lawmaker won confirmation on June 12 to be the next commissioner of the IRS, leading an agency that will play a key role in administering new tax breaks if Congress passes the “big, beautiful” reconciliation package.
Taxes June 12, 2025
CBO: Republican Budget Bill Would Take From the Poor, Give to the Rich
The reconciliation bill passed by the House would most benefit high earners and reduce financial resources available to the lowest-income households, the Congressional Budget Office said on June 12.
IRS June 12, 2025
Tax Industry Groups Urge Treasury to Prioritize IRS Stability
A coalition representing tax professionals urged the Treasury Department in a letter to take immediate steps to preserve core IRS functions—for both taxpayers and practitioners—amid workforce reductions at the tax agency.
Taxes June 12, 2025
Treasury Reviews Hundreds of Colleges’ Tax-Exempt Status Over Race
The Treasury Department is considering changing rules to revoke tax-exempt status for colleges that consider race in student admissions, scholarships, and other areas.
IRS June 11, 2025
Former IRS Chief Danny Werfel Joins Alliant Strategic Advisory Board
Danny Werfel, who served as IRS commissioner during the Biden administration, has joined the strategic advisory board of alliant, a Houston-based professional services and consulting firm formerly known as alliantgroup.
Taxes June 11, 2025
House Adopts Fixes to Keep ‘Big, Beautiful Bill’ Filibuster-Proof
The need for fixes risked derailing the reconciliation package containing most of President Donald Trump’s agenda, from tax cuts and border security to spending cuts and a major increase in the nation’s borrowing limit.
Taxes June 11, 2025
House GOP Stages Do-Over Vote on Trump’s ‘Big, Beautiful Bill’
The Republican-led House of Representatives was poised Wednesday to tweak some provisions in the sprawling budget bill that ran afoul of the complicated rules allowing the GOP to pass the bill using the arcane reconciliation process.
Technology June 11, 2025
Sovos and Shopify Team Up to Automate Sales Tax Filing and Remittance for Merchants
Sovos' Sales and Use Tax Filing solution is integrated with Shopify Tax, offering merchants a more streamlined experience when it comes to managing their sales tax compliance.
Taxes June 11, 2025
Is Elon Musk Right to Oppose the ‘Big, Beautiful Bill’? What Americans Said in a New Poll
The former presidential advisor recently slammed the president’s proposed spending bill claiming it will balloon the deficit. Turns out, most Americans agree with his critique, new polling reveals.
Small Business June 11, 2025
Trump Tariffs Can Remain in Effect, U.S. Appeals Court Says
The order Tuesday by the U.S. Court of Appeals for the Federal Circuit extends an earlier, short-term reprieve for the Trump administration as it presses a challenge to a lower court ruling last month that blocked the tariffs.
Technology June 10, 2025
SHOPLINE Partners With Avalara to Help Merchants Simplify Sales Tax Compliance
E-commerce software-as-a-service provider SHOPLINE announced June 10 a new integration with Avalara to help merchants selling in the U.S. simplify sales tax calculation and filing.