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.
IRS January 17, 2025
IRS Chief Danny Werfel to Resign on Jan. 20
Werfel took over as chief of the tax agency in March 2023 and is stepping down on Inauguration Day with more than two years left in his term.
Taxes January 17, 2025
Treasury Nominee Warns of ‘Devastating’ Consequences if Tax Cuts Lapse
Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump's intended Treasury secretary nominee Scott Bessent.
Taxes January 17, 2025
Sens. Rosen, Cruz Re-Introduce Bipartisan ‘No Tax on Tips’ Bill
During the election cycle, President-elect Donald Trump campaigned on the promise to eliminate taxes on tips—a policy he first introduced during a rally in Las Vegas.
Taxes January 17, 2025
Reconciliation Debate to Test ‘Tax Cuts for the Rich’ Narrative
Washington is poised once again to return to united Republican control, and the GOP is preparing to extend the Tax Cuts and Jobs Act paired with deep cuts to federal programs that lower-income households rely on, such as Medicaid.
Small Business January 16, 2025
Bipartisan Policy Center Offers Legislative Options for Small Business Growth
A new report from Goldman Sachs 10,000 Small Businesses Voices and the Bipartisan Policy Center offers an actionable playbook to help grow the U.S. economy by tackling the most pressing challenges faced by our nation’s small businesses.
Small Business January 16, 2025
Swap and Avalara Partner to Simplify Cross-Border Retail Sales
The integrated offering from Swap and Avalara reduces cross-border complexity and compliance risk and ensures duties, taxes, and fees are paid at checkpoints to improve cart conversion in more marketplaces.
Taxes January 16, 2025
IRS to Pilot Changes to Alternative Dispute Resolution Programs
The initiative focuses on changes to the existing Fast-Track Settlement (FTS) and Post-Appeals Mediation programs, and introduces a third pilot, Last Chance FTS.
Taxes January 16, 2025
Trump Creating New ‘External Revenue Service’ to Collect Money From Foreign Sources
The new agency, which Trump announced on Truth Social, will collect the proceeds from tariffs and other revenue from foreign countries.
Taxes January 16, 2025
Democrats Say Treasury Nominee Scott Bessent Avoided Medicare Tax on Hedge Fund Earnings
Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump's pick for Treasury secretary, with questions about his fitness to hold the office based on a review of his tax returns.
Taxes January 16, 2025
What’s at Stake as House GOP, Dems Debate Extending Trump Tax Cuts
There's less than a week before President-elect Donald Trump begins his second term, and congressional Republicans are already working to preserve one of his signature policies.
Taxes January 15, 2025
Deadline for Forms W-2, W-3 and 1099-NEC Due on Jan. 31, Says IRS
Employees should also be provided with their copies by this date, so they can make preparations for filing taxes by April 15.
Taxes January 15, 2025
Treasury, IRS List Qualifying Technologies for Clean Electricity Tax Credits
The Treasury Department and the IRS on Jan. 15 published the first Annual Table that provides greenhouse gas emissions rates for certain types or categories of facilities that are eligible for the Clean Electricity Production Tax Credit and the Clean Electricity Investment Tax Credit.