News

WASHINGTON – The Forced Labor Enforcement Task Force, led by the U.S. Department of Homeland Security with interagency partners including the U.S. Department of Labor, today announced a new [...]

The IRS issued proposed regulations that would modify partnerships’ reporting obligations for Part IV of Form 8308 with respect to sales or exchanges of certain interests in partnerships owning [...]

WASHINGTON – The U.S. Department of Labor today announced an incremental award of more than $1.3 million to continue employment and training services in response to automotive layoffs throughout [...]

In the week ending August 9, the advance figure for seasonally adjusted initial claims was 224,000, a decrease of 3,000 from the previous week’s revised level. The previous week’s [...]

National Taxpayer Advocate Erin Collins wrote Tuesday in her blog that the IRS reminder of the language in the Internal Revenue Manual is a “meaningful step toward transparency.”

Learn whether your business is required to comply with the requirements of the Family and Medical Leave Act. The U.S. Department of Labor’s Wage and Hour Division is here to help you. Visit: [...]

Long said Friday on X that he’s leaving the IRS and instead will be nominated to be ambassador to Iceland.

The IRS announced Thursday that it is delaying changes to certain information returns, withholding tables, and reporting and withholding procedures until tax year 2026 “to avoid disruptions.”

In its letter, the AICPA said small businesses that have not filed returns for the 2024 filing period face uncertainty about how to treat domestic research and experimental expenditures.

Commissioner Billy Long said last week that the next filing season would start around Presidents Day, but the IRS said Tuesday that it has not set a date.