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 June 12, 2025
Tax Industry Groups Urge Treasury to Prioritize IRS Stability
A coalition representing tax professionals urged the Treasury Department in a letter to take immediate steps to preserve core IRS functions—for both taxpayers and practitioners—amid workforce reductions at the tax agency.
Taxes June 12, 2025
Treasury Reviews Hundreds of Colleges’ Tax-Exempt Status Over Race
The Treasury Department is considering changing rules to revoke tax-exempt status for colleges that consider race in student admissions, scholarships, and other areas.
IRS June 11, 2025
Former IRS Chief Danny Werfel Joins Alliant Strategic Advisory Board
Danny Werfel, who served as IRS commissioner during the Biden administration, has joined the strategic advisory board of alliant, a Houston-based professional services and consulting firm formerly known as alliantgroup.
Taxes June 11, 2025
House Adopts Fixes to Keep ‘Big, Beautiful Bill’ Filibuster-Proof
The need for fixes risked derailing the reconciliation package containing most of President Donald Trump’s agenda, from tax cuts and border security to spending cuts and a major increase in the nation’s borrowing limit.
Taxes June 11, 2025
House GOP Stages Do-Over Vote on Trump’s ‘Big, Beautiful Bill’
The Republican-led House of Representatives was poised Wednesday to tweak some provisions in the sprawling budget bill that ran afoul of the complicated rules allowing the GOP to pass the bill using the arcane reconciliation process.
Technology June 11, 2025
Sovos and Shopify Team Up to Automate Sales Tax Filing and Remittance for Merchants
Sovos' Sales and Use Tax Filing solution is integrated with Shopify Tax, offering merchants a more streamlined experience when it comes to managing their sales tax compliance.
Taxes June 11, 2025
Is Elon Musk Right to Oppose the ‘Big, Beautiful Bill’? What Americans Said in a New Poll
The former presidential advisor recently slammed the president’s proposed spending bill claiming it will balloon the deficit. Turns out, most Americans agree with his critique, new polling reveals.
Small Business June 11, 2025
Trump Tariffs Can Remain in Effect, U.S. Appeals Court Says
The order Tuesday by the U.S. Court of Appeals for the Federal Circuit extends an earlier, short-term reprieve for the Trump administration as it presses a challenge to a lower court ruling last month that blocked the tariffs.
Technology June 10, 2025
SHOPLINE Partners With Avalara to Help Merchants Simplify Sales Tax Compliance
E-commerce software-as-a-service provider SHOPLINE announced June 10 a new integration with Avalara to help merchants selling in the U.S. simplify sales tax calculation and filing.
Taxes June 10, 2025
Don’t Pass Up Form 8300 Filing Requirements
A company that sells automobiles through an auction house claimed a software glitch outside of its control led to the non-filing of Form 8300. Did the Tax Court give the company a pass?
Taxes June 10, 2025
IRS Extends Tax Deadlines for Victims of Oklahoma Wildfires
Those impacted by the wildfires that destroyed at least 530 homes and businesses in parts of Oklahoma last March will now have until Nov. 3, 2025, to file various federal individual and business tax returns and make tax payments.
Small Business June 10, 2025
U.S. Asks Appeals Court to Let Trump Tariffs Remain for Longer
A federal appeals court is closer to ruling on whether to keep most of President Donald Trump’s global tariffs in place longer while the legal battle over them continues.