IRS News

IRS Form 8832: How to Change Your Business’s Tax Classification

In the world of IRS paperwork, Form 8832 is small but mighty. This two-page form decides how your business will… Read More

4 days ago

IRS Watchdog Finds Agency Fired Thousands of Employees Without Following Policies

The IRS terminated thousands of probationary employees early this year without following its own performance review policies, a Treasury watchdog… Read More

3 weeks ago

Senior Tax Relief: Comparing a New Deduction to Eliminating Social Security Taxation

Washington, D.C. – As the "One, Big, Beautiful" (OBBB) reconciliation bills move through Congress, lawmakers are proposing a new additional… Read More

2 months ago

Senate Eases SALT Cap Impact for Pass-Through Businesses: What You Need to Know

A recent move by the Senate is set to provide significant relief for pass-through businesses navigating the State and Local… Read More

3 months ago

Georgia’s Homestead Tax Exemption: Local Opt-Outs Create a Complex Divide

Georgia's recent voter-approved Local Option Homestead Property Tax Exemption Amendment, designed to limit property tax assessment increases, has encountered significant… Read More

5 months ago

South Carolina’s Flat Tax Ambition: Opportunity and a Pitfall for Low-Income Earners

South Carolina lawmakers are rightly pursuing tax reform to enhance the state's economic appeal and benefit its residents. A unified… Read More

5 months ago

IRS Proposes New Rules for Tax Professionals

The Treasury Department and the Internal Revenue Service (IRS) have issued proposed regulations to modernize the rules governing tax professionals.… Read More

9 months ago

Louisiana’s Pro-Growth Tax Reform: A Step in the Right Direction

Louisiana has made significant strides in tax reform, adopting a pro-growth tax package during a special session. This move positions… Read More

9 months ago

Trump Nominates Former Congressman Billy Long as IRS Commissioner

President-elect Donald Trump has announced plans to nominate former Missouri Congressman Billy Long as the next commissioner of the Internal… Read More

9 months ago

IRS Extends Deadline for ERC Claim Corrections

The Internal Revenue Service (IRS) has extended the deadline for third-party payers to use the consolidated claim process to correct… Read More

9 months ago
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