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 Apr 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 Apr 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 Apr 202530min
What the Changing IRS Workforce Means for Taxpayers
The hard-charging effort led by billionaire Elon Musk to reshape the federal workforce at the IRS and other agencies might lead to lasting changes. But what it means for taxpayers still isn't fully re...
2 Apr 202520min
Corporate Transparency Act Rules Rollback Shakes Suits
Millions of US companies are off the hook when it comes to disclosing their beneficial owners' identities to the federal government, after the Trump administration announced it wouldn't enforce penalt...
26 Mar 202515min
Tax Cuts, Credits Hang in Balance for NY Budget Talks
New York officials are in the final stage of the state’s budget process, following March 13 passage of the Assembly and Senate individual spending and revenue proposals for fiscal 2026. It's now up t...
19 Mar 202517min
Tariffs Shake Up Companies' Transfer Pricing Planning
Tax departments at multinational companies are scrambling to keep up with the Trump administration's tariff announcements as the updates pile in day to day and sudden shifts complicate transfer pricin...
12 Mar 202524min
Treasury Equity Hub Caught in Trump's DEI Crosshairs
President Donald Trump's early executive order to end federal diversity, equity, and inclusion programs upended at least one team in the Treasury Department. The Treasury Equity Hub, formed in 2021, e...
5 Mar 202515min
