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IRS requests applications for 2026 ETAAC membership

The Internal Revenue Service is accepting applications for the Electronic Tax Administration Advisory Committee through Feb. 28, 2026.

Tax Pros: Get Ready for the filing season and save time with Tax Pro Account; encourage clients to use their IRS individual online account

With the 2026 filing season fast approaching, the Internal Revenue Service encourages tax professionals to help their clients prepare now by sharing helpful tips and tools available at IRS.gov/GetReady.

Use online tools when claiming One, Big, Beautiful Bill tax advantages for families and education

The Internal Revenue Service encourages taxpayers to use online tools and take a few simple steps to prepare for claiming new and expanded tax benefits under the One, Big, Beautiful Bill. Families planning to claim the Child Tax Credit, the Adoption Credit, or pay for educational expenses should review these changes before filing.

National Taxpayer Advocate delivers Annual Report to Congress; finds taxpayer service was strong in 2025 but foresees challenges for taxpayers who encounter problems in 2026

National Taxpayer Advocate Erin M. Collins today released her 2025 Annual Report to Congress, finding that taxpayers generally fared well in their dealings with the IRS in 2025 and that most taxpayers are likely to have a smooth experience in 2026.

Taxpayer Advocate Service announces 2026 funding for Low Income Taxpayer Clinic grant recipients

The Taxpayer Advocate Service today announced the award of more than $22.5 million in matching grants to 145 qualified Low Income Taxpayer Clinics nationwide for the 2026 grant year, which runs from Jan. 1, 2026, to Dec. 31, 2026.

IRS issues frequently asked questions about Executive Order 14247: Modernizing Payments To and From America’s Bank Account

The Internal Revenue Service today issued frequently asked questions to help taxpayers, businesses, and other stakeholders understand the changes under Executive Order 14247: Modernizing Payment To and From America’s Bank Account.

IRS opens 2026 filing season

The Internal Revenue Service today opened the 2026 tax filing season and began accepting and processing federal individual income tax returns for tax year 2025.

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New law, IRS workforce cuts raise red flags for tax season, reports say

Separate reports from two federal oversight bodies warn that the IRS may struggle to maintain service levels between now and April 15, possibly causing delays in tax refunds and in getting answers by phone.

SECURE 2.0 amendment deadline extended for IRAs, other retirement plans

The IRS extended the deadline for SECURE 2.0 related amendments to IRAs, SEPs, and SIMPLE IRAs to Dec. 31, 2027, saying that additional time is needed to complete model language.

IRS releases FAQs on qualified overtime pay deduction under H.R. 1

An IRS fact sheet explains when overtime compensation qualifies for the H.R. 1 deduction and how Fair Labor Standards Act rules apply, including for federal employees.

Fraud and technology: How to handle the double-edged sword

As audit committees get down to business, they face risks related to technology but also can empower their organizations to use technology as a tool to fight fraud.

Undergraduate enrollment in accounting continues to rise

National Student Clearinghouse data reveals a 7.3% year-over-year increase for the fall semester, more than six times the increase across all majors.

Cost-of-living increases could hurt 2026 financial goals, poll says

The Harris Poll, conducted on behalf of the AICPA, found that most Americans have financial goals, with saving money as the top one.

IRS Advisory Council report defends workers, criticizes budget and staff cuts

In its annual report, IRSAC said the IRS has been through “an extraordinarily difficult year” with budget and staff cuts while preparing for numerous tax law changes. The report also noted tax practitioners’ prolonged wait times when contacting the IRS.

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The Immigration Battle Comes, Loudly, to Budget Hotels

“No sleep” protests have used noise and other tactics to target ICE agents at hotels, leaving the owners, often immigrants themselves, caught in the middle.By Christine Chung and Claire Fahy

A Vermont Town Was a Foodie Mecca for Canadians. Until Trump’s Threats.

Greensboro’s economy depended on friendly relations with Canada. But after tariffs and threats to make the country the “51st state,” neighborly ties have frayed.By Jenna Russell and Lily Landes

California’s Pacific Coast Highway Fully Reopens After Three Years

The famed highway reopened this week after consecutive landslides shuttered two sections of the road in Big Sur and forced major repairs.By Livia Albeck-Ripka

Number of Businesses in New York City Plunged Last Spring, Report Says

Roughly 8,400 businesses closed in the second quarter of 2025, according to the most recent city data, creating the largest net decline in business activity since before the pandemic.By Matthew Haag

A Horse Bolts, Renewing Debate Over Central Park Carriages

The city’s 68 horse carriages continue to operate despite pressure from activists — and the Central Park Conservancy — to ban them.By James Barron

How Mamdani Is Moving to Cut Red Tape for Small Business Owners

Though small business advocates in New York are excited that Mayor Zohran Mamdani is tackling the issue of excessive fees and fines, they’ve heard similar promises before.By Jeffery C. Mays

Tariffs and a Christmas Reckoning for Canadian Shop Owners

Small businesses across Canada have lost out on sales because of the trade war, and many worry about their future.By Vjosa Isai and Ian Willms

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The Physics Of The Exit: Momentum And Valuation

Most business owners believe that a successful sale is a matter of perfect accounting and aggressive legal counsel.,

How Actor-Turned-Entrepreneur Kunal Nayyar Is Building A Digital Legacy App

Kunal Nayyar, known for CBS’s ‘The Big Bang Theory,’ is venturing into tech with a new app that allows families to store valuable data in a secure format.,

Pharma’s Biggest Missed AI Opportunity Is Living Evidence

A living evidence approach treats evidence as shared infrastructure rather than as a series of isolated projects.,

Global Capability Centers: How Enterprises Can Position Them As Hubs For Innovation

By keeping these strategies in mind, leaders who determine that a GCC is the right fit can position it as a strategic linchpin for navigating an AI-first world.,

Is The Future Of Automation Web Agents?

Although AI agents excel at reasoning, they can get expensive quickly. This raises a key question: Are web agents actually the right abstraction?,

Transforming Complex Organizations: Leaders’ Steps For Success

Successful transformation does not come from more frameworks or bigger decks. It comes from clarity, visible leadership and real ownership at the front line.,

Turning Friction Into Forward Motion: The Importance Of Psychological Safety

The question is not how to eliminate friction. The question is how to manage it so it becomes traction and traction becomes forward motion.,

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Tesla profits slumped 46% last year, as it lost its crown as the top EV seller

The company announced it was ending production of its higher-end Model S and Model Y, and turning that production space over to making humanoid robots.

This housing program helped kids escape poverty — by changing who they befriended

In the 1990s, Congress created HOPE VI, a program that demolished old public housing projects and replaced them with more up-to-date ones. But the program went further than just improving public housing buildings. HOPE VI was designed to transform neighborhoods with concentrated poverty into neighborhoods that attracted people with different incomes. Some people who moved to HOPE VI neighborhoods earned too much to qualify for public housing. And some even paid for market-rate housing. The idea was that this would help create new opportunities for the low-income people who lived there and even lift people out of poverty.

Fed holds interest rates steady, taking a pause from rate cuts to assess the economy

The central bank cut rates at its three previous meetings in an effort to support the job market. But with inflation still elevated, the Fed is cautious about additional rate cuts.

Why isn’t corporate America standing up to Trump?

President Trump has been storming through corporate America — taking a stake in Intel, demanding a cut of Nvidia’s sales, restricting skilled workers, among other big footed policies.

Mexican president says her country has paused oil shipments to Cuba

Mexican President Claudia Sheinbaum said the pause was part of general fluctuations in oil supplies and that it was a "sovereign decision" not made under pressure from the United States.

Fourth graders ask whether kids or adults have it better as part of NPR challenge

Who's got it better in life, kids or adults? A group of fourth-graders in New Jersey did some serious reporting on this topic and sent us their findings as a part of NPR's Student Podcast Challenge.

Ex-FIFA president Sepp Blatter joins those calling for boycott of World Cup in U.S.

Former FIFA president Sepp Blatter is backing a proposed fan boycott of World Cup matches in the United States because of the conduct of President Trump and his administration at home and abroad.