Congress, the IRS, Treasury and the courts.
A proposed Treasury and IRS rule would let private schools, colleges, and trade schools lose 501(c)(3) status for using race-based preferences, raising immediate questions for donors, boards, and planned gifts.
The Justice Department said a new $1.776 billion fund would compensate people alleging they were wrongly targeted by the Biden administration, after President Trump dropped his $10 billion IRS lawsuit.
A federal judge said Trump and his lawyers used a $10 billion IRS lawsuit to pursue taxpayer-funded benefits and audit protections, raising fresh questions about the legal status of the settlement.
A Treasury and IRS proposal would let private schools lose Section 501(c)(3) status for race-based admissions, scholarships, or programs, raising donor, endowment, and financing stakes across the sector.
A September 12 reminder from a Naperville enrolled agent firm underscores a federal tax rule many divorced filers miss: a state divorce order does not bind the IRS on a joint return, though relief may still be available under Section 6015.
AppraiseItNow said it now offers expedited appraisal reports for Forms 8283, 709, and 706 nationwide, a service aimed at taxpayers, executors, attorneys, and advisors facing tight filing deadlines.
T.D. 10054 finalizes the deduction for interest on loans for new U.S.-assembled vehicles, but income phaseouts that begin at $100,000 and $200,000 limit its value for high earners.
Rep. Jodey Arrington's proposal would stop digital-asset investors from selling at a loss and buying right back, closing a gap that has made crypto the last easy venue for loss harvesting.
Under Automatic Exemption from Penalty, late-filing, late-payment and deposit penalties are waived during processing for taxpayers with three clean years, with no phone call or request needed.
By declining to hear Murrin v. Commissioner, the justices let stand a Third Circuit ruling that the IRS can assess tax at any time on a fraudulent return, even when only the preparer intended to cheat.
Treasury's new app and a matching IRS online election tool let parents activate a child's Trump Account weeks before contributions and the $1,000 federal deposit begin.
The IRS says tens of millions of filers claimed the new overtime, senior and car-loan breaks. For households earning well into six figures, the income limits erase most of them, leaving a shorter list.
Republicans are debating a follow-up to last year's tax overhaul, with defense and border funding competing against Ways and Means for a seat in any new package.
The House committee unanimously approved bills extending casualty-loss deductions through 2027, upgrading IRS service, and raising the stakes for whistleblower awards.
Senate Democrats say the Vacancies Act clock ran out March 6 with no nominee, leaving the IRS without a Senate-confirmed leader as complex filers wait on guidance and service.
The February 20 ruling found the emergency-powers law never authorized import tariffs, voiding two rounds of duties and setting off refund claims that Penn Wharton estimates could reach $175 billion.
The Congressional Budget Office's new baseline shows deficits $1.4 trillion higher than previously projected through 2035, a gap large enough that it raises real odds of higher taxes on high earners down the road.
The National Taxpayer Advocate's annual report to Congress says a 27% smaller IRS, paired with dozens of new retroactive tax rules, will make 2026 harder for any filer who runs into a problem.
IRS-CI's annual report shows tax fraud identifications more than doubled and search warrants rose 25%, a signal that enforcement risk is climbing even as agency staffing shrinks.
Justices on both sides pressed the administration on emergency tariff powers. If the tariffs fall, importers' refunds may hinge on customs deadlines that start running long before a ruling.
A newly created position puts one person atop both the IRS and Social Security Administration heading into the 2026 filing season, alongside a leadership change over IRS enforcement.
Treasury's contingency plan says Inflation Reduction Act funding will keep all 74,300 IRS employees working through the first week of a shutdown, with no word on what happens after that.
More than 25,000 employees left through incentive programs and 7,315 probationary workers were fired, leaving complex filers facing slower answers and a less predictable audit pipeline.
Long's exit on August 8 makes him the shortest-serving confirmed IRS commissioner and leaves Treasury Secretary Scott Bessent running an agency that has lost about a quarter of its staff.