Judge pauses action on Trump's $1.8B fund amid suits
The fund was created as part of an agreement to resolve the president's lawsuit against the Internal Revenue Service over the past leak of his tax information.

AI, due diligence and the new IRS
AI is a powerful tool for tax professionals, but with a smaller, more automated and less forgiving IRS, firms need to have the right policies in place.

Why table-stakes tax planning is still elusive at many firms
Talking about the importance of one type of tax planning or another is far different from implementing all of those strategies across the industry.

Florida's property-tax plan risks fees for 'everything'
Governor Ron DeSantis floated a plan that could eventually eliminate property taxes for more than 90% of Florida residents who own their homes.

Capitol Hill staff won't rule out year-end tax deal
The House-passed Taiwan tax bill, which has bipartisan support but languished in the Senate, could be a legislative priority where both parties could coalesce.

Why modern accounting firms need SOC as a service
Between the current state of cybersecurity challenges and a growing number of AI threats, accounting firms are transitioning to SOC as a Service.

Avalara appoints new CEO, Hugo Sarrazin
Tax automation solutions provider Avalara announced Hugo Sarrazin as its new CEO, replacing Scott McFarlane, who will become an advisor to the company.

Tax Fraud Blotter: Drinking and draining
Flat-out invented; 500 months; diverted income; and other highlights of recent tax cases.

PCAOB forms Inspections Modernization Council
The Public Company Accounting Oversight Board is forming a new advisory body called the Inspections Modernization Council — and it is looking for experts to apply.

Treasury unveils Trump accounts app
The Treasury Department introduced a mobile app enabling families to access Trump accounts, the new tax-deferred accounts for children born after Jan. 1, 2025.