In the blogs: Did you hear the one about? Trump dividend; tax ballot season; compliance challenges; and other highlights from our favorite tax bloggers.
IRS extends tax relief for farmers, ranchers affected by drought Guidance offers an extension of tax relief for farmers and ranchers in 49 states and other regions who sold or exchanged livestock due to drought conditions.
US household income rose to record in 2025 as poverty fell Social Security benefits lifted 28.8 million out of poverty, while refundable tax credits helped 6.1 million.
Biggest foundations barely donate enough to charity The largest private foundations are just barely exceeding the 5% statutory threshold for charitable donations, according to a new report.
Lawmakers introduce bill to stop fraudulent tax returns The legislation aims to prevent submission of fraudulent returns before they're e-filed by requiring tax software to verify EFINs are active and authorized.
You're never too large to be a swarm, or too small to be a battleship Just as drone swarms beat ships through independent action, firms that let teams experiment freely 'above the waterline' while keeping standards rigid 'below the waterline' win.
Internal audit shifts toward high-risk areas like AI The efforts of internal auditors are increasingly focusing on digital disruptions, especially from artificial intelligence, as well as geopolitical uncertainty.
More accountants working past retirement age Nearly one in seven bookkeeping, accounting and auditing clerks in America is age 65 or more, and in some metropolitan areas it's nearly one in four.
Richey May adds two investors The Top 50 Firm received an investment from Genstar Capital and Aksia, which will be used to fuel the firm's organic growth and M&A strategy.
Trump signs bill extending tax relief to disaster victims President Trump signed into law a bill extending the federal tax deduction for qualified disaster-related personal casualty losses.
