Taxes: IRS Initiatives:

The IRS is undergoing a significant transformation, driven in part by funding from the Inflation Reduction Act. This includes efforts to improve taxpayer service, modernize technology, and increase enforcement, particularly for high-income earners.
there is a large push to get people to use the online resources that the IRS has made available.
The IRS is also paying closer attention to incorrect claims for things like the Employee Retention Credit (ERC).

Tax Law Changes:

Discussions and potential changes to existing tax laws are always ongoing. This includes things like changes to tax brackets, deductions, and credits. Presidential candidates are also proposing changes to the tax code, so it is important to watch those changes as well.

Technological Changes: The way that taxes are filed, and the way that the IRS interacts with tax payers is changing. There is a large push to move many processes to online systems.

Enforcement: The IRS is increasing its focus on enforcement, particularly for high-income earners and complex tax situations.

Where to Find Reliable Information:

Reliable Financial News Sources: Publications like those from Bloomberg tax, and other major news outlets that have dedicated financial reporting.

IRS.gov: The official website of the Internal Revenue Service is the best source for accurate and up-to-date information. Reputable Tax Professionals: Certified Public Accountants (CPAs) and other qualified tax professionals can provide personalized advice.