While more organizations are encouraging the use of AI, a recent survey found that even if it were banned at their workplace, many would still use it anyway. EisnerAmper, a Top 25 Firm, recently conducted a study of 1,017 U.S. full-time desk workers with a bachelor’s degree or higher and
The Internal Revenue Service and the Treasury Department published a notice saying they intend to issue proposed regulations involving the transfer of United States real property interests, making it easier for foreign-traded public companies to move to the U.S. In Notice 2025-45, the IRS and the Treasury would modify the
Millions of taxpayers are unable to get through to live help through the Internal Revenue Service’s toll-free phone lines, even when the IRS claims its average wait times are only about three minutes, according to a new report. The report, from the Treasury Inspector General for Tax Administration, assessed the
The Internal Revenue Service is preparing to open the 2026 Compliance Assurance Process program application period for public companies with at least $10 million in assets. The annual CAP program is scheduled to run this year from Sept. 3 to Oct. 31, 2025, and it comes at a time when
A federal appeals court has ruled unconstitutional a provision of a Maryland digital advertising tax law that prevents companies from displaying the tax charge on a bill. The U.S. Court of Appeals for the Fourth Circuit held the tax speech ban violated the First Amendment. Maryland argued it was mere
The Trump administration tightened long-standing eligibility requirements for clean energy tax credits, a move that could threaten the viability of hundreds of wind and solar energy projects under development. Treasury Department guidance released Friday puts new restrictions on lucrative investment and production tax credits used by renewable energy developers by
The Internal Revenue Service didn’t do enough to verify the identity of callers to its Practitioner Priority Service and Business Specialty Tax telephone lines, allowing the unauthorized disclosure of tax information, the fraudulent filing of Forms 941, and the issuance of fraudulent tax refund checks, according to a new report.
Gone commercial; PTIN-free; seen the light; and other highlights of recent tax cases. Seattle: Real estate owner Steven T. Loo, 69, has been convicted on six counts of tax evasion and six counts of making false returns. Loo had an ownership interest in and operated commercial real estate properties in
A new study from the Tax Foundation estimates that the One Big Beautiful Bill Act will reduce federal taxes on average for individual taxpayers in every state, but the impact will differ in various states. Taxpayers in Wyoming ($5,375), Washington ($5,372) and Massachusetts ($5,139) are expected to see the largest
Ninety percent of tax leaders say they are invited to weigh in on business decisions before they are made, and their recommendations carry significant weight, according to a new survey. The 2025 BDO Tax Strategist Survey polled 300 senior tax leaders at companies with $250 million to $3 billion in