Taxes February 6, 2026
IRS Issues Proposed Rules on Clean Fuel Tax Credit
The Treasury Department and the IRS released proposed regulations Feb. 3 on the clean fuel production credit under the One Big Beautiful Bill Act.
IRS May 9, 2025
Man Who Made False Gun Threat at Kansas City IRS Campus Gets Prison Sentence
Anthony Alford, 46, of Kansas City, who was accused of making a false gun threat that set off an active shooter lockdown at the Kansas City IRS campus last year, has been sentenced to three years in prison.
Taxes May 7, 2025
IRS and Federal Government Will Stop Accepting Paper Checks as Payments
In addition to halting issuing of paper checks, the government will no longer accept paper checks as payment.
Taxes May 7, 2025
Feds’ Latest Tool in Push to Curb Immigration: Workers’ Tax IDs
A recent agreement between the IRS and U.S. Immigration and Customs Enforcement to share immigrants’ tax information has raised growing concern about how data tied to ITINs and their holders might be used.
Taxes May 7, 2025
The Tax Blotter – May 2025
Along with casualty losses, deductions for personal theft losses remain suspended at least through the end of the year, although there are certain exceptions.
IRS May 5, 2025
IRS Has Slashed 11% of Its Workforce as of March, TIGTA Says
A new report from the Treasury Inspector General for Tax Administration provides an update on the IRS’s efforts to reduce its workforce, as well as a snapshot of IRS business units impacted.
Taxes May 5, 2025
Trump’s Attack on Harvard’s Tax-Exempt Status Could Be a Problem for the IRS
Experts say the IRS would face an “uphill climb” if it decided to move ahead against Harvard. And that fight could potentially take years.
IRS May 2, 2025
Hundreds of IRS Appeals Workers Have Taken Buyout Offer, Reports Say
Over 300 employees who work in the IRS Independent Office of Appeals have taken the Trump administration's deferred resignation program offer with another 100 requests outstanding, the head of the office said this week.
IRS May 2, 2025
Trump Nominates Donald Korb for Second Go-Around as IRS Chief Counsel
Korb, a partner at law firm Sullivan & Cromwell who served as IRS chief counsel during the George W. Bush administration, would need to be confirmed by the Senate in order to fill the role at the agency.
Taxes May 2, 2025
Trump Renews Vow to Strip Harvard of its Tax-Exempt Status
While he did not elaborate, President Donald Trump posted to his Truth Social feed early Friday: “We are going to be taking away Harvard’s Tax Exempt Status. It’s what they deserve!”
IRS May 1, 2025
IRS Raises HSA Contribution Limits for 2026
The IRS on Thursday issued its annual inflation-adjusted amounts for health savings accounts next year, with small increases across the board as inflation cools.
Taxes May 1, 2025
An ‘Enormous’ Amount of Money at Stake if Trump Targets Harvard Tax Exemption
Harvard's conflict with the Trump administration may not just threaten its research funding. The president said that the university “perhaps” should lose the tax exemption it enjoys as an educational institution.
Taxes April 28, 2025
IRS Issued Nearly 75 Million Tax Refunds as of April 11, Data Shows
In total, the agency has issued roughly $228.7 billion in refunds so far during the 2025 tax season, up 3.9% from the $220.2 billion issued at this time last year.