All Posts

As the House and Senate continue negotiations over the “One Big Beautiful Bill,” a significant development is sending ripples through the...

We’re thrilled to announce the official launch of Bizora Labs , our brand-new experimental playground for tax professionals, now live at bizoralabs.com/labs . Built by the team behind Bizora AI, Labs is where we prototype, test, and iterate the next generation of tax-tech utilitiesso you get bite-sized, high-impact tools that solve real workflow challenges, fast. Why Bizora Labs Exists Over the years, we’ve heard one message loud and clear: legacy tax software is powerful but

Today, Senate Republicans unveiled their version of the landmark combination tax-and-spending package known as the "One Big Beautiful Bill" (OBBBA) . The new Senate draft introduces significant changes compared to the House version, particularly on Medicaid cuts, SALT deductions, energy incentives, and tax credits creating marked divergence that will shape negotiations ahead of the July 4 deadline. Major Tax Provisions in the Senate Version - SALT Cap Remains at $10,000 Unlik

As the Senate begins final negotiations over the House-passed tax-and-spending package widely branded as Trump’s “ One Big Beautiful Bill...

In today’s fast-paced tax and M&A environment, efficiency isn’t just nice—it’s essential. That’s why we’re thrilled to launch Bizora’s AI...

A new tax-fueled rivalry is heating up in the Midwest—one that goes far beyond sports. Both Missouri and Kansas are offering massive tax incentives  to lure the Kansas City Chiefs and Royals into multi-billion-dollar stadium deals that could have long-term consequences for taxpayers, public budgets, and municipal bond markets. What’s Happening? As stadium lease agreements approach expiration, both teams have signaled interest in new stadium developments — and both states are

Amid intense negotiations over the “One Big Beautiful Bill” and growing concern about the federal deficit, the U.S. Treasury just...

As Congress debates sweeping tax legislation under the “One Big Beautiful Bill,” state and local governments aren’t waiting to find out what happens next. In the past week alone, municipal bond issuance has surged past $19 billion , pushing the year-to-date total above $220 billion , according to Bloomberg and Financial Times reporting. The sudden uptick signals growing anxiety that Congress could soon eliminate or restrict key tax exemptions—especially for private activity b

In a significant procedural update, the IRS has released Revenue Procedure 2025-23 , revising the list of accounting method changes that...

As Congressional negotiations intensify over the proposed tax-and-spending package known informally as the “One Big Beautiful Bill,” one...

In the latest twist in federal tax reform negotiations, the accounting industry is sounding the alarm over a provision that could drastically impact thousands of CPA firms and professional service providers. The AICPA , backed by 53 state CPA societies , has publicly opposed a provision in the recently passed House budget bill that would limit the state and local tax (SALT) deduction  for specified service trades or businesses (SSTBs) —including accounting, law, consulting, a

The debate over the state and local tax (SALT) deduction has resurfaced — and this time, it could hit pass-through entities (PTEs) hard....

The federal estate tax — often referred to as the “death tax” — has long been a source of tension in tax policy. While it was originally...

A newly surfaced report has revealed that over 12,200 individuals and businesses were affected by a data breach involving an IRS...

The IRS is putting a renewed spotlight on its mediation programs  as an effective way for taxpayers to resolve disputes without the cost...

Tax education is often one of the most time-consuming—and misunderstood—parts of working with clients. Whether you’re walking a small...

In a move that could reshape international tax policy , Germany has proposed a 10% tax on the digital revenues  of major online platforms operating within its borders. The announcement, made by Culture Minister Wolfram Weimer , positions Germany alongside a growing list of countries pushing back against the tax minimization strategies of global tech giants . This development comes amid rising calls in Europe for more equitable taxation of companies like Google, Facebook, Amaz

On May 28, 2025 , the California Senate took a major step toward aligning the state’s tax laws with federal tax code changes by unanimously passing a federal conformity bill  — the first such overhaul in nearly a decade. This legislation, which still needs approval from the State Assembly and Governor Newsom, aims to incorporate over 1,000 federal tax changes made since 2015  into California’s Revenue and Taxation Code. The move is expected to simplify tax compliance, reduce

The IRS has announced that federal tax refunds — averaging $3,034 this year — may coincide with Permanent Fund Dividend (PFD) ...

On Friday, May 23, 2025 , the California State Legislature abruptly shelved hundreds of proposed bills — including several aimed at...

If you're a U.S. citizen or resident alien living outside the United States, the IRS wants you to know: your 2024 federal income tax ...

In a closely contested vote, the U.S. House of Representatives approved the "One Big Beautiful Bill" on May 22, 2025, with a 215–214...

On May 21, 2025 , the U.S. Senate unanimously passed the No Tax on Tips Act , a landmark piece of legislation allowing workers in tipped...

As of May 20, 2025, House Republicans are making significant strides toward passing the comprehensive tax and spending package known as the “One Big Beautiful Bill.”  This legislation, a cornerstone of President Donald Trump's economic agenda, aims to extend key provisions of the 2017 Tax Cuts and Jobs Act (TCJA) and introduce new tax reforms. Key Provisions of the Bill The proposed legislation encompasses several major tax and policy changes: Permanent Extension of TCJA Tax