Taxes September 5, 2025
Tariffs Leave U.S. Business Tied Up in Costly Red Tape
Donald Trump promised to slash red tape for business. His tariff regime has gotten American companies increasingly tangled up in it.
Taxes September 4, 2025
IRS Has Shared Data on More Than 40,000 Immigrants with ICE
The IRS has already shared the residential addresses of more than 40,000 foreigners with immigration authorities, who are seeking to have the confidential information of at least 1 million more people incorporated directly into their database.
Accounting September 4, 2025
James Brown Wanted to Leave Millions to Charity, But an Accountant Got to the Money First
James Brown’s longtime accountant, David Cannon, admitted to embezzling $8.6 million from the entertainer, who died with next to no cash after decades of fame.
Technology September 4, 2025
Bloomberg Grows Tax Data Suite with International Transaction Tax Solution
Bloomberg announced on Sept. 4 the release of an international tax data solution covering financial transaction tax, stamp duty, and levies on financial instruments.
Taxes September 3, 2025
IRS Proposes Easing Rules on Publicly Traded Foreign Companies Moving to U.S.
The Treasury Department and the IRS issued a notice on Aug. 19 proposing to tweak rules that currently "may serve as an impediment to publicly traded foreign corporations redomiciling into the United States."
Taxes September 3, 2025
Treasury Department Releases List of 68 Jobs Covered by ‘No Tax on Tips’ Provision of New Tax Bill
The Treasury Department has provided a list of 68 jobs that will be covered by the “no tax on tips” provision in the One Big Beautiful Bill Act.
Taxes September 3, 2025
Confused About Expiring Energy Credits Under the Trump Administration? Ask an ‘Electricity Coach’
The Washington, D.C.-based nonprofit Rewiring America is offering free sessions with trained coaches who can help people navigate federal energy tax incentives before they expire.
Taxes September 3, 2025
Trump to Ask Supreme Court for Expedited Ruling on Tariffs
The Trump administration will ask the Supreme Court for an expedited ruling in hopes of overturning a federal court decision that many tariffs were illegally imposed, arguing it is essential to keep the president's trade policy intact.
Taxes September 2, 2025
IRS-CI is Cracking Down on Illegal Sports Gambling
As the NFL season is set to begin on Thursday night and with the first official week of college football in the books, the IRS Criminal Investigation unit has a message for sports bettors: Bet safe. Bet legal.
Taxes September 2, 2025
TIGTA: Employers Neglected to Pay $2 Billion in Deferred Social Security Taxes
According to the IRS, about 10,000 employers hadn't paid their deferral as of May 2025, and the tax agency had yet to manually adjust their account which would subject the unpaid amounts to standard collection processes, TIGTA said.
Taxes September 2, 2025
IRS Didn’t Accurately Report Wait Times for Taxpayers Calling for Help, TIGTA Says
The IRS claimed the average wait time for a taxpayer when calling the agency for assistance was three minutes during the 2024 filing season, but that's not exactly correct, the Treasury Inspector General for Tax Administration said in a recent report.
Taxes September 2, 2025
Tariffs’ Nothingburger Impact on Public Budgets
No matter where they end up, import taxes aren’t likely to drive inflation enough to have much effect on state or local tax revenues.