The IRS has expanded its Business Tax Account (BTA) portal to now include tax-exempt organizations, giving nonprofits more direct, digital access to their tax information than ever before. This is
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In Summary: The IRS is rapidly modernizing its enforcement approach by using data analytics and artificial intelligence to identify potential tax noncompliance more efficiently and accurately. For businesses, especially those
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BMSS Advisors & CPAs will begin processing extensions for calendar, year-end federal information returns (Form 990, Form 990-EZ, and Form 990-PF) in March 2026. Our firm policy is to file
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The federal government shutdown that began October 1, 2025, has created significant disruptions at the IRS, with approximately 35,000 employees—nearly half the agency's workforce—now furloughed. As taxpayers face the critical October 15 extension deadline and businesses prepare for the upcoming filing season, understanding these impacts is essential for protecting your interests.
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On March 25, 2025, President Trump signed an Executive Order requiring the U.S. Treasury to phase out paper checks for nearly all federal payments and collections starting September 30, 2025.
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Organizations and businesses with an Employer Identification Number (EIN) are required to file Form 8822-B within 60 days of a change in their responsible party. This form is also used
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Written by Dalton Hopper, CFE, CVA, ABV Recently, I had the opportunity to testify before the IRS in Washington, D.C. as a Standards Board member of the National Association of
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Written by Russell Goodman Uncertainty looming in Washington has CPAs and taxpayers across the country wondering the same thing. What will happen if the Tax Cuts and Jobs Act (TCJA)
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The Civilian Board of Contract Appeals (“CBCA”) decided April 23, 2024 against a federal services contractor seeking compensatory relief through a request for equitable adjustment (“REA”) for increased costs arising
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Written by Sarah Shirley Earlier this fall, the IRS issued a moratorium on the processing of any new Employee Retention Credit (ERC) claims through at least the end of the
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By: Cooper Melvin, CPA, JD In September 2023, the IRS announced a special subdivision of the Large Business and International Division will be dedicated to pass-through entity audits. Partnerships have
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In a news release yesterday, the IRS issued a moratorium on the processing of any new Employee Retention Credit (ERC) claims through at least the end of the year, citing
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