IRS Woes Persist as White House Pitches Another Big Funding Bust

The perennially underfunded IRS will likely have to muddle along with even less in 2027.

Nebraska Creates UI Fee, Modifies Several Labor Laws

Nebraska created an unemployment insurance fee and updated its wage-hour and child labor laws under a bill expected to go into effect July 17.

West Virginia Creates New Unemployment Fund, Fee for Employers

West Virginia employers subject to the state’s unemployment insurance law will be subject to a new administrative fee under a bill effective July 1.

3 Canadian Provinces Plan October Minimum Wage Increases

Canada’s provinces of Manitoba, Ontario, and Prince Edward Island will each raise their hourly minimum wages Oct. 1, their governments said.

Chronic IRS Underfunding Makes Modernization Nearly Impossible

A new report shows that what was billed as a once-in-a-generation IRS modernization effort under the Inflation Reduction Act has been repurposed into a de facto operating budget. If a future Congress ever wants to modernize the IRS, it must roll back the pattern of budget cuts and fund the baseline first.

Practitioner Insights

View More Insights

Latest Stories

Tax Developments

View More

Andorra-Estonia DTA, Protocol Enters Into Force

The Estonian Ministry of Finance April 7 announced that the DTA and protocol with Andorra, signed Sept. 23, 2025, entered into force March 26, 2026. The DTA and protocol apply ...

France Tax Agency Updates Administrative Doctrine on Short-Term Contract Allowance, Default Withholding Tax Rates

The French General Directorate of Public Finance April 7 updated the administrative doctrine on the short-term contract allowance and default withholding tax rates. The updates include: 1) the allowance of ...

France Tax Agency Updates Administrative Doctrine on Employer Contributions to Employee Transportation Expenses

The French General Directorate of Public Finance April 7 updated an administrative doctrine on employer contributions to commuting employees’ transportation expenses. The updated doctrine includes the one-year extension of the ...

EXPLORE BLOOMBERG TAX

Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: