Stay informed with our latest insights and expert outlook from our team at Protection Plus. In this article, take a closer look at the IRS’s possible plan to reverse planned staffing cuts, new estate and gift planning opportunities under OBBBA, and the IRS’s confirmation that 2025 withholding rules will remain unchanged. We also cover the IRS leadership shake-up and what tax professionals need to know about the 2026 CAP program.

Stay informed with our latest insights and expert guidance from the team at Protection Plus. In this article, we review July’s key developments, including the far-reaching “One Big Beautiful Bill Act,” new disaster tax relief procedures, IRS service disruptions, and the latest fraud-detection standards. Learn what these changes mean and how tax professionals should respond.

Stay informed with our latest insights and expert outlook from our team at Protection Plus. In this article, take a deeper dive into key topics from our June News Roundup. We cover the IRS’s proposed 20% employee cuts paired with increased phone support, transitional relief for digital asset brokers, major Senate tax provisions, and the House bill’s $2.8 trillion deficit forecast.

Stay informed with our latest insights and expert outlook from our team at Protection Plus. In this article, take a deeper dive into topics featured in our May News Roundup, including CPA licensure changes, a sweeping tax bill on Capitol Hill, evolving federal tax policies, and AI’s growing impact on the profession. Learn how to navigate both upcoming policy shifts and tech trends with confidence.

Imagine waking up to find your business’s identity stolen. Business identity theft is on the rise, and the IRS is working to fight back. In this article, we’ll break down how these crimes happen and what tax professionals and business owners can do to stay secure, protected, and alert.

Digital money is reshaping how we spend, save, and invest. From Bitcoin to Venmo, financial habits are changing fast—and so are IRS rules. In this article, we’ll explore what tax professionals need to know to stay ahead and help clients navigate the evolving tax landscape around cryptocurrency and digital payments.

Stay informed with our latest insights and expert outlook from our team at Protection Plus. In this article, take a deeper dive into topics highlighted in our April Tax News Roundup. We look at the IRS's evolving position on data sharing, whistleblower reforms, basis-shifting transactions, and calls to destroy BOI data, plus actionable steps tax professionals can take today. Stay informed and prepared!

Staying ahead of tax policy changes is crucial for tax and accounting professionals. In this article, we explore March's most impactful updates, such as the IRS's potential data-sharing agreement with ICE and its impact on taxpayer confidentiality. We also discuss FinCEN's BOI reporting exemption, IRS workforce cuts, and tax season scams on the rise. Stay informed and prepared with our expert insights!

Stay informed with our latest insights and expert outlook from our team at Protection Plus. In this article, dive deeper into topics highlighted in our February News Roundup. We examine FinCEN's 30-day filing delay following the BOI injunction lift, IRS job cuts impacting small business services, and enforcement actions against fraudulent tax preparers. Discover actionable steps to safeguard your practice.

Form 1099-K, or “Payment Card and Third Party Network Transactions,” helps the IRS track payment transactions and ensure accurate income reporting. Issued by banks, credit card companies, and platforms like PayPal, it reports total yearly transactions. In this article, we’ll cover key players, lower reporting thresholds, IRS transition periods, filing rules, fixing mistakes, and what this means for your clients.