International Provisions in GOP Tax Bill Face Senate Changes
Companies scored wins after the House passed a multi-trillion-dollar tax bill that largely preserved the current tax rates on foreign-earned income. Republicans' 2017 Tax Cuts and Jobs Act created...
28 Touko 202519min
A Budget Watchdog Veteran Warns GOP Tax Bill to Hike Deficit
House Republicans are moving quickly to get a massive tax-and-spending package across the finish line before week's end even as they negotiate with party factions over outstanding concerns. Some ...
21 Touko 202519min
IRS Staff Downsizing Offers New Look at Private Sector Tax Work
With the massive wave of federal government layoffs, tens of thousands of workers from the IRS and other agencies are likely looking for new jobs, potentially in the private sector for the first time....
14 Touko 202515min
IRS Workforce Cuts, Leadership Departures Ripple Across Agency
The IRS right now isn't the same agency it was at the start of this year. That's because about 20% of IRS workers have signaled they want to leave or have been fired. The ripple effects of this ex...
7 Touko 202514min
Why GOP Lawmakers Are Targeting the US Audit Board
House Republicans are pushing a plan to dismantle the US audit board and send its watchdog duties to the Securities and Exchange Commission as part of a federal budget-cutting process. It's not the fi...
30 Huhti 202512min
Congress Returns With Ambitious Plans to Move on Tax Extensions
Before leaving for a two-week break, House Republican lawmakers adopted a Senate budget outline to expedite legislation to push through trillions of dollars in tax cuts, raise the debt ceiling, and sl...
23 Huhti 202515min
IRS Workforce Cuts to Impede Progress on AI, Modernization
Deep cuts to the IRS workforce mean the agency might have to rely more heavily on technology to keep up taxpayer services and enforcement. The IRS is set to lose 20,000 workers after the Trump admi...
16 Huhti 202520min
Tariffs, Trump's Global Tax Snub Hit OECD Negotiations
The Trump administration's massive new tariff pronouncements, on top of its pullback from the OECD’s global tax deal, have cast doubt on the future of global tax policy efforts. The two-pillar OECD...
9 Huhti 202530min
