Taxes October 15, 2025
Taxpayers who requested an automatic six-month extension to file their 2024 federal income tax returns earlier this year still have to get their paperwork in by Wednesday.
Small Business October 14, 2025
The government shutdown has frozen millions in Small Business Administration loans, creating immediate threats to small businesses’ cash flow and survival. A finance expert says they need a survival plan right now.
AICPA October 14, 2025
The AICPA is recommending relief measures that are fair, reasonable and practical to mitigate the negative impact of the shutdown on taxpayers and practitioners.
IRS October 13, 2025
Reduction-in-force notices were sent to more than 1,400 Treasury Department employees, many of whom work at the IRS, on Oct. 10 as the Trump administration acted on its threat of ordering mass layoffs at several federal agencies in response to the government shutdown.
Payroll October 10, 2025
The official cost of living adjustment increase for 2026 was slated to be announced Oct. 15, but thanks to the government shutdown, that announcement may be delayed.
Payroll October 10, 2025
Initial claims rose to about 235,000 in the week ended Oct. 4 from the bank's estimate of roughly 224,000 the prior week, Goldman Sachs economists said in a note to clients.
IRS October 8, 2025
In an updated contingency plan on Oct. 8, the Treasury Department indicated that 39,870 IRS workers, or 53.6% of the agency's total employee population of 74,299, are designated "exempt" and are expected to continue working during the shutdown.
Payroll October 7, 2025
The memo, first reported by Axios, adds even more uncertainty for hundreds of thousands of federal workers as Congress appears no closer to a deal to reopen the government.
Taxes October 6, 2025
The interim website gives taxpayers access during the government shutdown to the watchdog's latest reports and keeps open ways for people to report fraud, waste, and abuse within IRS programs or by IRS employees.
Payroll October 3, 2025
Even without a jobs report because of the shutdown, a number of private-sector indicators out in recent days pointed to sluggish hiring, limited layoffs, modest pay gains and easing demand for workers in September.
AICPA October 3, 2025
The new tax law requires additional guidance to ensure compliance; without full staff, this guidance could be delayed, as we’ve seen during previous shutdowns.
Taxes October 2, 2025
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.