Tax Policy/News: March 11: Taxpayers should act now to claim more than $1 billion in refunds for tax year 2021 with the April 15 deadline fast approaching The Internal Revenue...

Tax Policy/News: March 4: The IRS is drafting plans to cut as much as half of its 90,000-person workforce, AP sources say The IRS is drafting plans to cut its...

Tax Policy/News: February 24: Musk’s Influence and New IRS Bills Could Reshape Tax Season As tax season unfolds, major changes at the IRS—including mass layoffs, hiring freezes, and proposed legislation—are...

Tax Policy/News: February 18: DOGE Seeks Access to IRS Taxpayer Data, Raising Privacy Concerns Elon Musk’s Department of Government Efficiency (DOGE) is seeking access to the IRS’s Integrated Data Retrieval...

Tax Policy/News: February 7: Trump tax cut wish list could cost up to $11T President Donald Trump’s proposed tax cuts could cost the federal government between $5 trillion and $11.2...

This article was written by Kyle R. Young, Director. For business owners and tax professionals, making the most of immediate expensing provisions can significantly enhance cash flow and reduce tax...