-
IRS invites input for 2026–27 priority guidance plan
The Treasury Department and the IRS are requesting stakeholder recommendations for the 2026-2027 Priority Guidance Plan, which will address key tax issues through various forms of administrative guidance. The IRS emphasized the importance of public input, saying: “Published guidance plays an important role in increasing voluntary compliance by helping to clarify ambiguous areas of the…
-
Accounting firm growth hits five-year low
The average growth rate for accounting and financial services firms has decreased from a peak of 13% to below 10%, marking the lowest level in five years, according to a recent study by Hinge Marketing. The study surveyed 133 firms, revealing that high-growth firms achieved a median growth rate of 33.4%, while average-growth firms grew…
-
Property tax concerns rise among voters
Recent polling by Marquette University Law School reveals a significant shift in Wisconsin voters’ priorities regarding property taxes and school funding. In a February survey, 60% of respondents prioritized reducing property tax bills over funding for K-12 schools, marking the highest concern for property taxes in over a decade. Charles Franklin, director of the poll,…
-
World’s energy watchdog urges people to work from home
The International Energy Agency (IEA) is encouraging workers to work from home to combat soaring oil prices and impending fuel shortages caused by the conflict in the Middle East. The world’s energy watchdog has made 10 recommendations to help households and businesses prepare for protracted disruption to energy markets, including reducing highway speed limits by…
-
Over 576,000 student loan borrowers face delays in accessing affordable repayment plans
More than 576,000 federal student loan borrowers were still waiting for approval of income-driven repayment (IDR) plans as of the end of February, according to a court filing, while an additional 88,170 applicants remained in limbo for Public Service Loan Forgiveness (PSLF) buyback decisions. Although the Education Department has reduced the IDR backlog from nearly…
-
SEC and Musk discuss ‘potential resolution’ to lawsuit
The SEC and Elon Musk are in talks to settle the agency’s lawsuit accusing the world’s richest person of waiting too long in 2022 to disclose his initial purchases of Twitter, which he eventually purchased for $44bn. In a court filing, the SEC and Musk said ?they are “engaged in discussions of a potential resolution…
