Decoding the Farm Bill & Unlocking R&D Potential
Farm Bill Dynamics: Insights into political debates and budget priorities affecting agriculture.
News & Events
IRS Forms Alternative Dispute Resolution Office
The IRS has formed a unit that aims to make it easier to quickly resolve tax disputes without litigation, an effort that will include more outreach on avenues available to taxpayers.
How CPAs Can Compete in the AI Race
Here are a few principles every CPA firm can leverage to successfully compete with all firms in this dawning AI technology wave.
Voices: Clients who claim a questionable ERC could mean trouble
The Internal Revenue Service announced in March that its compliance efforts related to the Employee Retention Credit had exceeded $1 billion
Self-Funding Transformation: R&D and Emerging Technology
Every business is seeking to integrate generative AI and automation into its operations. Machine builders, systems integrators and machine shops are no exception.
3 Tips to Start Preparing for Next Tax Season Now
Tax season is always stressful for small businesses, but it’s not too soon to prepare. Follow these steps to make next tax season a breeze.
Proper IRS Modernization Will Have Long-Lasting Positive Impact
President Joe Biden’s nominee to lead the IRS answered questions during a Senate Finance Committee hearing this week, highlighting key issues from lawmakers on both sides of the aisle.
Tax Pros Brace for ‘Tidal Wave’ of Crypto Tax Scrutiny From the IRS. What Investors Need to Know
As the IRS bolsters its cryptocurrency expertise, tax professionals are bracing for increased scrutiny of digital currency.
TIGTA: Clawbacks, Flat Funding Could Hinder IRS Transformation
A clawback of the IRS’s Inflation Reduction Act funds, combined with flat appropriations funding, could hamper the agency’s
Government Shutdown Could Disrupt Upcoming Tax Season, IRS Commissioner Says
As Americans prepare for the opening of tax season, lawmakers are racing to avert a government shutdown. If they fail to come to an agreement, the resulting pause in nonessential operations could affect taxpayers’ filing experience, according to IRS Commissioner Danny Werfel.