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The IRS issued a notice extending the deadline for making certain amendments to IRAs, SEP arrangements and SIMPLE IRA plans until Dec. 31, 2027.

The IRS offered relief from failure-to-pay penalties to nearly 5 million taxpayers during the pandemic, but 3.6 million have since taken steps to pay tax debts.

The Treasury Department canceled $21 million in contracts, alleging the consulting firm failed to protect taxpayer data, including President Trump’s tax returns.

The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the threat of another government shutdown.

States generally assert taxing authority over income based on two core principles: residency and source.

‘Cautious optimism’ is the watchword for this tax season — but there’s still plenty tax practitioners can do to make it run smoothly.

The bank plans to buy the closely held financial-technology company that focuses on corporate expense management and accounting.

Whitman Transition Advisors and C-Suite Impact announced a merger to create a consulting firm under the name Whitman Advisory.

The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay under the One Big Beautiful Bill Act.

BDO USA partners with the LPGA while Weaver signs up a brand ambassador from the PGA; and other accounting firm and personnel news.