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IRS seeking applications for Tax Counseling for the Elderly and Volunteer Income Tax Assistance program grants

The Internal Revenue Service is now accepting applications for the Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants.

Treasury, IRS provide guidance on a new method for recovering federal excise tax paid on dyed fuel established under the One, Big, Beautiful Bill

The Department of the Treasury and the Internal Revenue Service today issued temporary regulations and the accompanying notice of proposed rulemaking on a new method for recovering federal excise tax paid on dyed fuel established under the One, Big, Beautiful Bill.

IRS announces new option for certain taxpayers to request more time after ERC claim disallowance

The Internal Revenue Service today announced a new, streamlined way for taxpayers to extend the period of time for the IRS and the IRS Independent Office of Appeals to review a taxpayer’s response to a disallowance of an Employee Retention Credit (ERC) claim to avoid refund litigation.

Taxpayer Advocacy Panel issues 2025 Annual Report highlighting taxpayer-focused recommendations to improve tax administration

The Taxpayer Advocacy Panel today released its 2025 Annual Report highlighting accomplishments and ongoing efforts to strengthen Internal Revenue Service delivery, improve communications with taxpayers, reduce taxpayer burden, and support continued modernization of tax administration.

IRS recognizes thousands of VITA and TCE volunteers during National Volunteer Week: April 19-25

During National Volunteer Week, the Internal Revenue Service recognizes the tens of thousands of volunteers who donate their time to serve their communities and the nation by participating in the Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs.

IRS updates frequently asked questions about section 127 educational assistance programs

IR-2026-55, April 20, 2026 – The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2026-10 related to educational assistance programs.

IRS issues Whistleblower Alert, expands efforts to uncover fraud

The Internal Revenue Service today issued a Whistleblower Alert highlighting an area of concern about misuse, diversion or fraudulent use of federal funds by tax-exempt organizations, individuals and businesses, and urged the public to provide information.

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Workplace stress reaching a breaking point? How employers can respond

Fifty-two percent of employees in a recent survey self-medicated at work in the previous year, and nearly as many (51%) cried on the job in the previous month. During Mental Health Awareness Month, what can organizations do to ease the pain?

COVID-19 disaster relief case has implications for timely refund claims

National Taxpayer Advocate Erin Collins explained what affected taxpayers need to do in response to the Court of Federal Claims’ holding that a taxpayer’s refund claim filing deadline was automatically extended by Sec. 7508A(d)(1) due to the COVID-19 disaster declaration.

IRS offers extension option for taxpayers facing ERC claim deadlines

Taxpayers meeting eligibility rules can now use Form 907 to preserve their right to challenge ERC disallowances while the IRS continues its review.

CPA tips for building an emergency fund when savings fall short

Most Americans don’t have adequate emergency savings, according to a survey conducted for National Financial Literacy Month. The AICPA offers four tips from CPAs to help remedy the shortfall.

House panel backs repeal of BOI reporting by domestic companies

The House Financial Services Committee voted to remove domestic-owned companies from the beneficial ownership information reporting requirements of the Corporate Transparency Act.

FASB publishes guidance on paid-in-kind dividends

FASB published an Accounting Standards Update that provides authoritative guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.

Facing cost pressures, CFOs turn to AI and automation

Cost management topped CFOs’ list of internal risks in a recent Deloitte survey, and respondents cited automation and technology upgrades as the most proven way to control costs.

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Trump Tries to Downplay Economic Effects of the Iran War

At a White House event for Small Business Week, he described the economy as “roaring” and predicted that gas prices would go down soon.By Erica L. Green and Zolan Kanno-Youngs

Tariffs, Rebates, Chaos: Boutique Businesses Wonder What’s Next

A Brooklyn general store that sells Taiwanese imports was pummeled by tariffs. A rebate would help, but the confusion still lingers.By Andrew Keh

The Law on Metal Gates That Nearly Everyone Forgot About

In 2009, the City Council decided that roll-down metal gates could no longer be solid. The law goes into effect this summer, after 17 years.By James Barron

Gotti Grandson Is Sentenced to 15 Months for Covid Relief Fraud

Carmine G. Agnello Jr. had pleaded guilty to fraudulently collecting more than $1 million in small-business loans, some of which he invested in cryptocurrency.By Santul Nerkar and Miles G. Cohen

Trump Administration Takes Steps to Refund $166 Billion in Tariffs

The government debuted a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.By Tony Romm and Ana Swanson

The Great Hesitation

Nonstop political chaos is badly damaging our economy.By Amit Seru

Trump Administration Returns to Court for Yet Another Tariff Lawsuit

States and small businesses challenged the 10 percent tax on many imports that President Trump imposed after the Supreme Court struck down a previous slate of tariffs.By Tony Romm

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The Fastest Way To Reduce Churn As A Subscription Business

Most subscriber churn happens in response to the billing reminder, but businesses can reduce churn by amplifying their value near that moment.,

5 ChatGPT Prompts Leaders Use To Eliminate Operational Bottlenecks

Bottlenecks can strain an organization and stall progress. Here’s how leaders can get rid of everyday snags with five simple ChatGPT prompts. ,

Stop Outsourcing Authenticity: The Case For Building Your Own Media Team

Entrepreneurs are entering their influencer era—and they need an internal media team to do it right.,

What An NBA Team’s Comeback Teaches Us About Building For AI

Only when business leaders build the foundation of AI will they see a Pistons-style comeback.​,

How To Prevent AI Coding Agents From Going Rogue

The need to deploy AI coding tools with greater accuracy and security has prompted a wave of innovation led by start-ups such as Causal Dynamics Labs,

​When The Best Client Relationships Stop Looking Like Client Relationships

In the strongest client relationships, an outsider can't tell who's the client and who's the service provider because they're both focused on solving the problem.,

When Every Engineer Commands A Swarm: How AI Agents Are Rewriting Incident Response

The future of incident response isn't a single AI replacing a human. It's coordinating humans and AI at a speed neither could achieve alone.,

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How taxing the wealthy could work

Tax cuts for the middle and working classes, and tax hikes for the rich. What's behind this trend? We ask Democratic Senator Chris Van Hollen to explain his bill that eliminates federal income tax for many workers while hiking taxes for high earners. We also hear from a tax policy expert who has some reservations.

Gas prices went up more than 30 cents a gallon last week. How high could they go?

U.S. gas prices were nearly $3 an average prior to the start of the war in Iran.

He recorded his quest for tariff refunds. It shows why billions may never get repaid

After the Supreme Court struck down most of President Trump's tariffs, Richard Brown began lining up the paperwork he needed to get his refund. Experts say many businesses may never get their money back.

How algorithms wreaked havoc with these workers' schedules and cut their pay

Hourly workers across a number of industries have long been grappling with unstable schedules and pay as their employers use software to slash labor costs and maximize productivity.

Spirit Airlines ceases operations after escalating financial struggles

The low-cost carrier, which had been struggling for years, announced it will cease operations. Spirit had been seeking a $500 million lifeline from the White House, but talks failed to yield a deal.

How to make a BOOK into a bestseller

In the world of commercial publishing, there are few crowning achievements more coveted than a place on the New York Times Best Seller List. But how does a book actually end up there? There is, of course, a playbook that publishers and authors use to try to gin up enough sales at the beginning of a new book’s life to launch it onto the list. But there is also a world of more shadowy techniques – a whole history of hacking shenanigans going back nearly a century.

How well can EVs handle the heat — and the cold? AAA put them to the test

Electric vehicles lose some range in the winter — and, to a lesser degree, in the summer. But exactly how much? AAA has brand-new data.