Tax Filing Season by the Numbers: Refunds, Paper, and Preparers
The upcoming tax filing season will be a test to see if the IRS can function in the face of vast changes—a shrinking the workforce, budget cuts, and regulatory cutbacks.

Countries at the United Nations are looking at sweeping changes to transfer pricing rules as they design a tax treaty acceptable to developing economies. But easing access to transfer pricing information could emerge as a more realistic outcome.
The European Commission released baseline figures Wednesday for calculating an imported good’s carbon border levy in cases where specific information on greenhouse gas emissions isn’t available.
Singapore will begin registering companies to pay the global minimum tax in May, the country’s tax authority said Wednesday.
Turkey raised fixed excise taxes on fuel, tobacco and alcoholic beverages, setting increases below producer inflation as policymakers seek to support the central bank’s efforts to slow price growth.
A small change made by the $3.4 trillion Republican tax-and-spending law is putting a lucrative tax deduction at risk for certain kinds of digital assets sold overseas, and tax professionals are looking to the IRS for answers.
The German Official Gazette Dec. 23 published the Tax Amendment Act 2025, amending various tax laws. The law includes measures: 1) requiring that the conditions for special depreciation allowances under ...
The Belarusian President’s Office Dec. 29 announced the signing of a law amending various taxes. The law includes measures: 1) maintaining the basic 13 percent tax rate for most workers, ...
The Swedish Tax Agency Dec. 16 issued Position Statement No. 8-407215-2025, clarifying when the leasing of premises and facilities constitutes a taxable sports service rather than a VAT-exempt real estate ...
The upcoming tax filing season will be a test to see if the IRS can function in the face of vast changes—a shrinking the workforce, budget cuts, and regulatory cutbacks.
Countries at the United Nations are looking at sweeping changes to transfer pricing rules as they design a tax treaty acceptable to developing economies. But easing access to transfer pricing information could emerge as a more realistic outcome.
Turkey raised fixed excise taxes on fuel, tobacco and alcoholic beverages, setting increases below producer inflation as policymakers seek to support the central bank’s efforts to slow price growth.
Singapore will begin registering companies to pay the global minimum tax in May, the country’s tax authority said Wednesday.
The European Commission released baseline figures Wednesday for calculating an imported good’s carbon border levy in cases where specific information on greenhouse gas emissions isn’t available.
The Treasury Department will delay applying anti-money laundering rules for investment advisers for two years.
The US government has lifted sanctions on three people who it previously accused of aiding in the proliferation of “Predator” spyware, a sophisticated surveillance technology that’s allegedly been used against Americans.
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A proposed delay in applying anti-money laundering rules to investment advisers from the Treasury Department’s Financial Crimes Enforcement Network has cleared White House regulatory review.
Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent.
Cryptocurrency giant
There was perhaps no bigger story last year in the world of Big Law than President Donald Trump’s attacks on several of the nation’s largest law firms through punitive executive orders due to political affiliations and adversarial hires.
SEC policy shifts, rulings on investor class status and actionable company statements, and discussions about the future of artificial intelligence set the pace in 2025 and may have a lasting effect in securities cases in 2026.
Corporate accounting for buzzy cryptocurrencies and intangible assets like copyrights will lead the US standard-setter’s to-do list in 2026.
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