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IRS announces terms of a time-limited settlement opportunity for eligible taxpayers involved in conservation easement disputes

The Internal Revenue Service is announcing the terms of a time-limited settlement opportunity for eligible taxpayers involved in conservation easement or historic preservation easement disputes with the IRS.

Apply for a Low Income Taxpayer Clinic grant to serve taxpayers in your community

The Low Income Taxpayer Clinic Program today announced it will accept applications for LITC matching grants from all qualified organizations from May 6, 2026, to July 6, 2026.

IRS updates conservation easement site; settlement opportunity details forthcoming

The Internal Revenue Service today announces updates to its Conservation Easement page, expanding information on abusive conservation easement transactions, recent court decisions, and warning signs for investors.

IRS requests applications for 2027 IRSAC membership

The Internal Revenue Service is accepting applications for the Internal Revenue Service Advisory Council through June 5, 2026.

IRS recognizes importance of small businesses, provides helpful resources

The Internal Revenue Service today announced a series of resources and events to support small businesses during National Small Business Week, which runs through May 9.

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.

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Worried about that CP53E QR code? IRS updates FAQs

The IRS expanded its CP53E guidance with fresh information on QR code security, online account access problems, and how taxpayers can confirm successful bank account updates.

FASB issues standard for clarifying environmental credit disclosures

FASB’s chair said that the Accounting Standards Update features guidance “that previously did not exist” related to environmental credits and environmental credit obligations.

Final regs. modify reporting obligations for Form 8308, Part IV

The final regulations published Tuesday by the IRS stick with the proposed regulations that modify information-reporting obligations for Part IV of Form 8308, Report of a Sale or Exchange of Certain Partnership Interests.

AICPA submits nearly 200 recommendations for IRS guidance plan

The organization highlighted top technical issues across 10 areas and urged the IRS to prioritize tax simplification.

Taxpayers advised they can ignore CP53E notice — after verifying error

The IRS’s sending of about 1.4 million CP53E notices sparked concerns about errors and fraud. A release from the Taxpayer Advocate Service urged taxpayers to verify their accounts directly on IRS.gov.

IRS announces terms of new conservation easement settlement opportunity

The terms of the new, time-limited settlement opportunity include the type and amount of deduction that eligible taxpayers will be allowed and the penalty rate that will apply.

AI for CPAs: From efficiency tool to decision engine

Most global finance leaders in a new survey report that artificial intelligence is improving decision-making and forecast accuracy in the finance function, and organizations using agentic AI and those making sure AI is assurance-ready are seeing bigger gains.

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Around Penn Station, the strike is bad for business.

This was featured in live coverage.By Miles G. Cohen

Mamdani’s First City-Owned Grocery Store Is Planned for the South Bronx

Mayor Zohran Mamdani said that the store would open in the Hunts Point neighborhood next year. Some merchants are pushing back.By Emma G. Fitzsimmons

Bartenders at a Cocktail Hot Spot Propose a New Concoction: a Micro-Union

The bartenders at Attaboy, a Lower East Side joint considered one of the best cocktail bars in the world, voted to form a union.By David Waldstein

Trade Court Rules Trump’s 10% Global Tariff Is Illegal

A panel of federal judges found that President Trump could not legally impose the tariff on most imports.By Tony Romm and Ana Swanson

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

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How AI Could Finally Help Solve The Bottleneck In Mass Tort Intake

AI may not replace the human side of legal intake, but it gives the industry the ability to respond instantly, screen intelligently and verify cases earlier.,

Leading With Humanity: The Key To Thriving In A Tech-Driven World

Digital tools give us endless data but not always depth.,

Is It Normal That My Team Roll Over Into The New Company

Most business owners spend months obsessing over their valuation. Very few stop to ask what happens to the people who helped them build it.,

​Developing Emotional Intelligence For Property Managers

Emotional intelligence can allow you to stay calm and professional even when others aren't. ,

An AI Agent Tried To Open A Shop In San Francisco (What’s New In AI This Month)

Microsoft and OpenAI just confirmed the AI gap is widening fast. An AI agent ran a real SF shop. Apple is about to let you pick your AI. Here's what it means.,

How The Shortcomings Of Health Insurance Are Leading To The Transparent Pricing Model

For employers offering high-deductible plans, this can create a better employee experience at lower cost.,

The Real Reason You’re Missing Your Numbers (It’s Not The Forecast)

True integrated business planning is a cultural transformation.,

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Minnesota becomes first state to ban prediction markets

While dozens of states have taken legal action against the controversial industry, Minnesota is the first state to pass a law making it a felony for companies like Kalshi and Polymarket to operate.

The missing men of the American marriage market

A new study suggests the growing educational and economic divide between men and women is reshaping marriage and family life in America — leaving many women with a shrinking pool of economically stable partners.

Why GLP-1s aren't lowering employers' costs

The vast majority of employer health plans do not cover GLP-1s for weight loss. But roughly 20% do, many believing it will help their bottom line. Perhaps when employees take Wegovy or Zepbound, they’ll need less medical care tied to health issues from obesity. Today on the show, can GLP-1s save employers money in the long run?

Why you should care about 2 power companies merging. Hint: affordability

NextEra Energy plans to acquire Dominion Energy to create the largest electricity producer in the United States.

Jury dismisses all claims in Elon Musk's lawsuit against OpenAI CEO Sam Altman

Musk had sought to oust Altman from his leadership position over claims that he and others breached their duty to OpenAI's original nonprofit mission and unjustly enriched themselves.

NPR trims jobs in newsroom overhaul as it confronts era without public funding

NPR is offering buyouts to journalists as it overhauls its newsroom, with the threat of layoffs to follow. Two recent gifts totaling $113 million are primarily dedicated to NPR's tech infrastructure.

Judge dismisses Trump's IRS lawsuit, paving the way for a settlement

The president sued the IRS and the Treasury Department in January, demanding $10 billion over the leak of his tax returns years ago.