Latest Articles

  • Democrats Introduce Bill to Reinstate IRS Direct File Program

    By:
    Emma Slack-Jorgensen
    |
    Mar 3, 2026

    Senate and House Democrats are working to restore the IRS’s Direct File program, which ended last fall under the Trump administration. Sen. Elizabeth Warren from Massachusetts and Rep. Brad Sherman from California have introduced the Direct File Act. This bill would make the free online filing platform permanent and require the IRS to operate it. 

  • The Future of Criminal Tax Enforcement Under Strain

    By:
    Emma Slack-Jorgensen
    |
    Mar 3, 2026
    IRS Criminal Investigation is entering its second century under what former CI chief Don Fort describes as increasing pressure on its main mission. 
  • Bipartisan Senate Bill Seeks Broad IRS Modernization

    By:
    Emma Slack-Jorgensen
    |
    Mar 2, 2026
    Senate Finance Committee leaders from both parties have introduced the Taxpayer Assistance and Service Act, a 162-page draft bill to update IRS procedures and modernize tax management.
  • Executive Order 14370 and the Path to Schedule III: Renata Serban on What Changes and What Doesn’t

    By:
    Emma Slack-Jorgensen
    |
    Feb 13, 2026
    On Dec. 18, 2025, President Trump signed Executive Order 14370, “Increasing Medical Marijuana and Cannabidiol Research.” The order has sparked renewed attention around whether federal agencies will move cannabis from Schedule I to Schedule III, and what that could mean for tax planning and compliance. In
  • Treasury, IRS Issue Interim Guidance on Energy Credits and Prohibited Foreign Entities

    By:
    Emma Slack-Jorgensen
    |
    Feb 13, 2026
    The Treasury Department and the IRS have issued Notice 2026-15, providing interim guidance on how taxpayers should determine whether certain energy projects receive “material assistance” from a prohibited foreign entity and therefore become ineligible for key federal energy tax credits. 
  • IRS Announces Next Expansion of Tax Pro Account

    By:
    Emma Slack-Jorgensen
    |
    Feb 10, 2026
    The IRS has announced the next expansion of its Tax Pro Account, introducing new business-level digital capabilities designed for tax professionals who work within accounting firms, tax preparation companies, and other organizational settings. 
  • OBBBA Updates to Charitable Deduction Changes How Donors Think

    By:
    Emma Slack-Jorgensen
    |
    Feb 5, 2026
    The One Big Beautiful Bill Act’s updates to the charitable deduction are already changing how donors think about timing, size, and even the form of their gifts, because the new floors under IRC Sec. 170 make it harder for smaller, steady contributions to generate a tax benefit. 
  • AICPA Launches Initiative Aimed at Early-Career CPAs

    By:
    Emma Slack-Jorgensen
    |
    Feb 3, 2026
    The AICPA has launched the Profession Ready Initiative, a research-driven effort aimed at redefining how early-career CPAs are prepared for an accounting profession that is increasingly shaped by AI and changing client demands.
  • American Workers Fear Artificial Intelligence More Than Burnout

    By:
    Emma Slack-Jorgensen
    |
    Jan 30, 2026
    A new Fast Company analysis of Indeed’s 2026 Job Search Report shows that American workers are more anxious about AI than burnout. While the economy is sending mixed signals and big layoffs like Amazon’s recent cut of 16,000 jobs are making news, worries about AI are now a top concern at work.
  • AICPA Urges IRS to Keep Employees Working

    By:
    Emma Slack-Jorgensen
    |
    Jan 30, 2026
    As the 2026 tax season begins, the AICPA is asking the IRS to plan for a possible government shutdown by keeping all employees working.