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The Treasury Department and the Internal Revenue Service are giving cryptocurrency brokers additional time to comply with requirements to report…
The Senate confirmed Billy Long, a former Republican congressman from Missouri, as the new Internal Revenue Service commissioner after a…
Texas Sen. Ted Cruz pitched Republican senators Wednesday on ending the Federal Reserve’s authority to pay interest to banks, claiming…
The sale of millions of acres of federal land would provide billions of dollars to help pay for President Donald…
Republican senators are considering placing a $30,000 cap on the state and local tax deduction as a compromise between current…
A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating…
Republican Senator Thom Tillis said he expects the implementation of the Section 899 “revenge tax” in President Donald Trump’s massive…
The Senate is considering a plan to save a lucrative tax credit for the production of hydrogen that would be…
Pamela Au/wingedwolf – Fotolia The Internal Revenue Service has released Rev. Proc. 2025-23, which updates the list of automatic procedures…
Senate Majority Leader John Thune said Republicans in his chamber expect to deliver on President Donald Trump’s campaign promises to…