The IRS charged the interest. Was it legal?
If your clients carried federal tax debts through the pandemic, the interest deserves a second look.

RLN adds Westchester firm
RLN US acquired Sternbach & Rose in Valhalla, New York, expanding the firm's presence in Westchester County and growing its tax and advisory practice.

Stambaugh Ness and Zweig to merge
Stambaugh Ness and Zweig Group announced a merger to form SNZweig, a private equity-backed firm for architecture, engineering and construction clients.

Bessent says he's supportive of $5,000 checks for Americans
Bessent didn't provide details about how the cost would be offset, though he said the Treasury had been working on the plan for "quite awhile."

PwC consultants brace for big bonus cuts in Switzerland amid AI
PricewaterhouseCoopers is planning to halve bonuses in Switzerland as the Big Four firm seeks cost cuts in response to artificial intelligence.

NYC delays vote on property-tax break for Hudson Yards tower
The skyscraper proposed by developer Tishman Speyer would be the largest economic subsidy since Mayor Zohran Mamdani took office.

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.