Americans will spend almost 7.1 billion hours complying with IRS tax filing and reporting requirements in 2025. This is equal to 3.4 million full-time workers—almost the population of Los Angeles and nearly 38 times the workforce the IRS employed in FY 2024—doing nothing but tax return paperwork for a full year.| Tax Foundation
President Trump’s recent decision to replace the commissioner of the Bureau of Labor Statistics has the feeling of replacing the meteorologist and hoping you get better weather. But economic data affect government actions and could have surprising consequences. If nominee E.J. Antoni manipulates the statistics to make Mr. Trump look good, you could end up paying higher taxes.| Tax Foundation
WASHINGTON DC (8/6/25) – Today, a coalition of 16 organizations, led by the American Energy Alliance, sent a letter to the U.S. Department of the Treasury and the Internal Revenue Service (IRS) providing suggestions on how to carry out the statutory language of the recently enacted One Big Beautiful Bill Act (H.R. 1, “OBBBA”). The text […] The post AEA Leads Coalition Letter to Treasury and IRS Urging Updated Guidance appeared first on American Energy Alliance.| American Energy Alliance
On Wednesday, August 6th, a coalition of sixteen organizations dedicated to preserving free markets and putting taxpayers and consumers first, led by the American Energy Alliance, sent a letter to U.S. Treasury Secretary Scott Bessent providing suggestions on how to carry out the statutory language of the recently enacted One Big Beautiful Bill Act (H.R. 1, “OBBBA”). […] The post Coalition Letter to Treasury and IRS Suggesting Updated Guidance appeared first on American Energy Alliance.| American Energy Alliance
This guide by FNRP outlines how you can use a self-directed IRA for commercial real estate investments & the rules involved.| First National Realty Partners
This is the second installment in the Notes on the Crises series on the IRS. While the first essay traced how the agency has become a political target and potential tool of authoritarianism, this piece investigates how DOGE’s so-called tech modernization efforts may further entrench those risks.| Notes on the Crises
How Trump, DOGE, and Project 2025 Are Turning the IRS Into a Tool of Authoritarian Rule Editor’s Introduction: Hello readers, it's Nathan Tankus and I am very happy to bring to you the first in a long multi-part series on the IRS spearheaded by Anisha Steephen.| Notes on the Crises
How far are you willing to go to claim that aggressive tax break? Pushy taxpayers seeking obscure deductions are sometimes willing to spend years debating the matter in Tax Court.| CNBC
The exits of the department’s CTO and CISO come amid major turnover in the agency’s IT shop.| FedScoop
The J5, a collaborative partnership among tax authorities and law enforcement from five countries, has identified several risk indicators that financial institutions should be aware of. Risk indicator| Public Intelligence
First, there were trackers on Taylor Swift and other celebrities’ private jet usage. Now, there will be more scrutiny on executives’ personal use of business aircraft who write it off as a tax expense.| AP News
The IRS has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as part of the Biden administration’s signature climate, health care and tax package signed into law in 2022.| AP News