Accounting June 28, 2025
Nominations Open for 2025 Innovation Awards
The Innovation Awards highlight technologies that are shaping the profession and small businesses through increased collaboration and productivity.
IRS April 7, 2025
IRS Workers Get Final Chance to Take Deferred Resignation Offer
IRS employees who didn't accept the Trump administration's buyout offer earlier this year are being given one more chance to take the offer as more job cuts loom at the tax agency.
Taxes April 7, 2025
IRS Says Average Tax Refund Up Nearly 4% From Last Year
More than 61.5 million Americans have received their annual tax refunds from the IRS, with the average filers getting back about 4% more than they did last year.
Taxes April 7, 2025
Trump Tax Cut, Debt Limit Plan Advances Despite Tariff Turmoil
The Senate passed a measure April 5 that allows congressional Republicans to craft legislation to extend Trump’s 2017 tax cuts for individuals and closely held businesses that expire at the end of 2025.
IRS April 4, 2025
IRS Job Cuts Hit Civil Rights Office
The IRS began implementing a reduction in force Friday that will result in staffing cuts across multiple offices and job categories, with the agency's Office of Civil Rights and Compliance getting the brunt of it.
Taxes April 4, 2025
Survey Shows How and When Taxpayers File, Common Errors, And How They Spend Their Refunds
More than one-quarter of respondents (28%) noted that filing their taxes incorrectly is a top concern during tax season, and another 14% are concerned about not understanding the tax filing process or requirements.
Taxes April 4, 2025
The Tax Blotter – April 2025
The Tax Blotter is a round-up of recent tax news and Tax Court rulings.
IRS April 3, 2025
Fired IRS Probationary Employees Set to Return to Work April 14
Those who were casualties of the Trump administration's federal cost-cutting purge in February but later reinstated and put on paid leave last month after two court rulings have been told to come back to their jobs on April 14.
Taxes April 3, 2025
Trump Likens Tariffs to Successful Surgery: ‘The Patient Lived and is Healing’
President Donald Trump, in the wake of his sweeping tariffs announcement on Wednesday, took a victory lap Thursday morning, posting on Truth Social that he had saved the American economy.
Taxes April 3, 2025
Here is the Full List of Trump’s ‘Reciprocal’ Tariffs
These are the nations, many of them staunch U.S. allies, that President Donald Trump has claimed take advantage of the U.S. through unfair trade practices.
Taxes April 2, 2025
President Trump Declares ‘Liberation Day,’ Sweeping Tariffs on Goods Worldwide
In a Rose Garden speech on April 2, Trump said the U.S. would begin applying a universal baseline tariff of 10% on imported goods from all foreign countries.
Mergers and Acquisitions April 2, 2025
Global Tax Management Acquires DuCharme, McMillen & Associates’ State Income Tax Practice
As part of the deal, GTM and DMA have entered into a strategic alliance, and the acquisition complements GTM's existing income tax practice.
Mergers and Acquisitions April 2, 2025
Ryan Acquires Brayn Consulting in Texas
The Dallas-based tax services firm has expanded its income tax practice after acquiring Brayn Consulting, a Houston-based tax firm that specializes in research and development, cost segregation, and green energy income tax incentives.