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IRS to Propose New Rules on Executive Compensation for Nonprofits

IRS to Propose New Rules on Executive Compensation for Nonprofits

IRS to Propose New Rules on Executive Compensation for Nonprofits
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IRS Establishes Tax Professional Management Office to Enhance Efficiency

IRS Establishes Tax Professional Management Office to Enhance Efficiency

IRS Establishes Tax Professional Management Office to Enhance Efficiency
Reuters Reuters
US judge denies request to temporarily halt Trump's abandoned 'weaponization' fund

US judge denies request to temporarily halt Trump's abandoned 'weaponization' fund

By Dan Rosenzweig-Ziff WASHINGTON, June 10 (Reuters) - A U.S. judge on Wednesday blocked a request to temporarily halt President Donald Trump's $1.8 billion "weaponization" fund, citing Justice Department statements and court filings that said the administration was abandoning the fund.  • U.S.
AP News AP News
After long waits at the Social Security Administration, its chief says things are getting better

After long waits at the Social Security Administration, its chief says things are getting better

After complaints about staffing cuts and long waits to get help at the Social Security Administration, its commissioner says things are getting a lot better
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Fraud Case Exposes Compliance Risks for Global Mining Companies

Fraud Case Exposes Compliance Risks for Global Mining Companies

Fraud Case Exposes Compliance Risks for Global Mining Companies
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IRS Shared 47,000 Taxpayers' Addresses with ICE, Raising Privacy Concerns

IRS Shared 47,000 Taxpayers' Addresses with ICE, Raising Privacy Concerns

A report by the Treasury Inspector General for Tax Administration (TIGTA) has revealed that the Internal Revenue Service (IRS) provided the addresses of nearly 47,000 taxpayers to Immigration and Customs Enforcement (ICE). This data-sharing occurred under a memorandum of understanding signed in April 2025, which allowed ICE to request addresses for individuals under criminal investigation. However, the report highlights concerns about the legality of this agreement and the IRS's failure to accurately match records, leading to potential privacy violations.
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Workers' Compensation Market Maintains Stability Amid Emerging Challenges in 2026

Workers' Compensation Market Maintains Stability Amid Emerging Challenges in 2026

Workers' Compensation Market Maintains Stability Amid Emerging Challenges in 2026
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Judge Overturns Trump Policy Limiting Wind and Solar Tax Breaks

Judge Overturns Trump Policy Limiting Wind and Solar Tax Breaks

A U.S. judge has vacated a Trump administration policy that restricted federal tax subsidies for wind and solar energy projects. The policy, implemented last year, was challenged in court by environmental groups and the city of San Francisco, among others. The court ruled that the Internal Revenue Service (IRS) failed to provide adequate justification for changing the criteria for projects to qualify for tax credits. The decision restores the previous rules, allowing clean energy projects to claim a 30% tax credit if they begin construction by July 4, 2026, or enter service by the end of 2027. The ruling is seen as a victory for clean energy advocates who argue that the policy change would have increased electricity costs and hindered the development of renewable energy projects.
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Faruqi Faruqi, LLP Alerts Upstart Investors of Class Action Deadline

Faruqi Faruqi, LLP Alerts Upstart Investors of Class Action Deadline

Faruqi Faruqi, LLP Alerts Upstart Investors of Class Action Deadline
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AM Best Revises Missouri Valley Mutual Insurance's Outlook to Stable Following Improved Performance

AM Best Revises Missouri Valley Mutual Insurance's Outlook to Stable Following Improved Performance

AM Best Revises Missouri Valley Mutual Insurance's Outlook to Stable Following Improved Performance
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AM Best Revises Outlook for Missouri Valley Mutual to Stable Amid Improved Performance

AM Best Revises Outlook for Missouri Valley Mutual to Stable Amid Improved Performance

AM Best Revises Outlook for Missouri Valley Mutual to Stable Amid Improved Performance
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Judge Overturns Trump Policy Limiting Wind and Solar Tax Credits

Judge Overturns Trump Policy Limiting Wind and Solar Tax Credits

A U.S. judge has vacated a Trump administration policy that restricted tax subsidies for wind and solar energy projects. The policy, implemented last year, made it more difficult for these projects to qualify for federal tax credits. Judge Colleen Kollar-Kotelly ruled that the Treasury Department's IRS failed to provide adequate justification for changing the definition of what constitutes a project under construction. The decision is a setback for Trump's efforts to slow the development of clean energy technologies, which he criticized as unreliable and overly subsidized.