Shaun Hunley
@shaunhunley.bsky.social
Sketch comedian turned tax attorney (not a stretch). Proud to be an Executive Editor at Thomson Reuters. 🏳️🌈
https://www.accountingtoday.com/author/shaun-hunley
https://www.accountingtoday.com/author/shaun-hunley
The #IRS has released final regulations (TD 10037) on the excise tax on repurchases of corporate stock. They will be effective when published in the Federal Register. #taxes #taxprofessionals
public-inspection.federalregister.gov/2025-20721.pdf
public-inspection.federalregister.gov/2025-20721.pdf
public-inspection.federalregister.gov
November 21, 2025 at 2:06 PM
The #IRS has released final regulations (TD 10037) on the excise tax on repurchases of corporate stock. They will be effective when published in the Federal Register. #taxes #taxprofessionals
public-inspection.federalregister.gov/2025-20721.pdf
public-inspection.federalregister.gov/2025-20721.pdf
Douglas O’Donnell, a former #IRS commissioner, has expressed concerns that the government shutdown may delay the 2026 filing season. Thoughts?
#taxes #taxprofessionals
#taxes #taxprofessionals
November 19, 2025 at 3:50 PM
Douglas O’Donnell, a former #IRS commissioner, has expressed concerns that the government shutdown may delay the 2026 filing season. Thoughts?
#taxes #taxprofessionals
#taxes #taxprofessionals
I know we're so excited about Form 1099-DA! But did you know some states will also require reporting? Kansas is the latest state, following Montana and Michigan. #taxes #crypto #1099DA #taxprofessionals
November 18, 2025 at 2:43 PM
I know we're so excited about Form 1099-DA! But did you know some states will also require reporting? Kansas is the latest state, following Montana and Michigan. #taxes #crypto #1099DA #taxprofessionals
Honored to be quoted in Thomson Reuters' latest piece on the OBBBA's senior tax deduction. Thanks to the team for the thoughtful coverage! #taxes #taxprofessionals #OBBBA
tax.thomsonreuters.com/blog/breakin...
tax.thomsonreuters.com/blog/breakin...
Breaking down the new Social Security tax deduction
The One Big Beautiful Bill Act (OBBBA) set in motion a new tax break that could shift how seniors file their 2025 returns and plan for retirement.
tax.thomsonreuters.com
November 5, 2025 at 2:00 PM
Honored to be quoted in Thomson Reuters' latest piece on the OBBBA's senior tax deduction. Thanks to the team for the thoughtful coverage! #taxes #taxprofessionals #OBBBA
tax.thomsonreuters.com/blog/breakin...
tax.thomsonreuters.com/blog/breakin...
Happy All Hallows’ Eve!
October 31, 2025 at 2:38 PM
Happy All Hallows’ Eve!
Treasury Assistant Secretary for Tax Policy Kenneth Kies: Workforce reductions at the #IRS won’t affect the upcoming filing season or the issuance of OBBBA guidance. #taxes #taxprofessionals
October 23, 2025 at 2:14 PM
Treasury Assistant Secretary for Tax Policy Kenneth Kies: Workforce reductions at the #IRS won’t affect the upcoming filing season or the issuance of OBBBA guidance. #taxes #taxprofessionals
The #IRS has issued Notice 2025-57, offering penalty relief and guidance to lenders regarding the #OBBBA information reporting rules for car loan interest received in 2025. #taxes #taxprofessionals
For more information, refer to the notice: www.irs.gov/pub/irs-drop....
For more information, refer to the notice: www.irs.gov/pub/irs-drop....
www.irs.gov
October 21, 2025 at 2:26 PM
The #IRS has issued Notice 2025-57, offering penalty relief and guidance to lenders regarding the #OBBBA information reporting rules for car loan interest received in 2025. #taxes #taxprofessionals
For more information, refer to the notice: www.irs.gov/pub/irs-drop....
For more information, refer to the notice: www.irs.gov/pub/irs-drop....
Some feel that more students would pursue accounting if courses were designated as STEM (Science, Technology, Engineering, and Mathematics). Thoughts?
#accounting #taxprofessionals
#accounting #taxprofessionals
October 21, 2025 at 2:06 PM
Some feel that more students would pursue accounting if courses were designated as STEM (Science, Technology, Engineering, and Mathematics). Thoughts?
#accounting #taxprofessionals
#accounting #taxprofessionals
Just a reminder that extended returns are still due 10/15 despite the government shutdown. #taxes #taxprofessionals
October 14, 2025 at 5:33 PM
Just a reminder that extended returns are still due 10/15 despite the government shutdown. #taxes #taxprofessionals
Join me for this fun (and very different) webinar!! #taxprofessionals
taxprof.thomsonreuters.com/OBBBAawards
taxprof.thomsonreuters.com/OBBBAawards
Thomson Reuters
taxprof.thomsonreuters.com
October 9, 2025 at 4:27 PM
Join me for this fun (and very different) webinar!! #taxprofessionals
taxprof.thomsonreuters.com/OBBBAawards
taxprof.thomsonreuters.com/OBBBAawards
Wow! The #IRS just released inflation adjustments for 2026, including amendments from the OBBBA! #taxes #taxprofessionals
www.irs.gov/pub/irs-drop...
www.irs.gov/pub/irs-drop...
www.irs.gov
October 9, 2025 at 2:47 PM
Wow! The #IRS just released inflation adjustments for 2026, including amendments from the OBBBA! #taxes #taxprofessionals
www.irs.gov/pub/irs-drop...
www.irs.gov/pub/irs-drop...
According to Senate Finance Committee member Chuck Grassley, the Trump administration will nominate a new #IRS commissioner despite the recent creation of the CEO role. #taxes #taxprofessionals
October 8, 2025 at 1:50 PM
According to Senate Finance Committee member Chuck Grassley, the Trump administration will nominate a new #IRS commissioner despite the recent creation of the CEO role. #taxes #taxprofessionals
The Treasury Department has created a new leadership position: Chief Executive Officer. Frank Bisignano, who also serves as Commissioner of the Social Security Administration, will serve in this role. #taxprofessionals
October 7, 2025 at 1:38 PM
The Treasury Department has created a new leadership position: Chief Executive Officer. Frank Bisignano, who also serves as Commissioner of the Social Security Administration, will serve in this role. #taxprofessionals
The #IRS has named Jarod Koopman as its "Acting Chief Tax Compliance Officer," overseeing IRS employees in enforcement divisions. #taxes #taxprofessionals
October 6, 2025 at 6:31 PM
The #IRS has named Jarod Koopman as its "Acting Chief Tax Compliance Officer," overseeing IRS employees in enforcement divisions. #taxes #taxprofessionals
The #IRS is extending the comment period for the draft Form 6765 instructions (for R&D credit claims) through 3/31/26. Also, Section G of the form will be optional for all filers for tax year 2025 (processing year 2026).
#taxes #taxprofessionals
#taxes #taxprofessionals
October 1, 2025 at 4:19 PM
The #IRS is extending the comment period for the draft Form 6765 instructions (for R&D credit claims) through 3/31/26. Also, Section G of the form will be optional for all filers for tax year 2025 (processing year 2026).
#taxes #taxprofessionals
#taxes #taxprofessionals
RIP clean vehicle credit... #taxes #taxprofessionals
September 30, 2025 at 12:54 PM
RIP clean vehicle credit... #taxes #taxprofessionals
The #IRS has released interim final regulations (see link below) that reduce the PTIN user fee from $11 to $10 (plus $8.75 payable directly to a third-party contractor). #taxes #taxprofessionals
public-inspection.federalregister.gov/2025-19036.pdf
public-inspection.federalregister.gov/2025-19036.pdf
public-inspection.federalregister.gov
September 29, 2025 at 1:49 PM
The #IRS has released interim final regulations (see link below) that reduce the PTIN user fee from $11 to $10 (plus $8.75 payable directly to a third-party contractor). #taxes #taxprofessionals
public-inspection.federalregister.gov/2025-19036.pdf
public-inspection.federalregister.gov/2025-19036.pdf
The #IRS has released proposed regulations that list nearly 70 occupations, including bartenders and water taxi operators, that qualify for the "no tax on tips" provision. #OBBBA #taxes #taxprofessionals
www.federalregister.gov/public-inspe...
www.federalregister.gov/public-inspe...
Public Inspection: Occupations that Customarily and Regularly Received Tips; Definition of Qualified Tips
Occupations that Customarily and Regularly Received Tips; Definition of Qualified Tips
www.federalregister.gov
September 19, 2025 at 1:25 PM
The #IRS has released proposed regulations that list nearly 70 occupations, including bartenders and water taxi operators, that qualify for the "no tax on tips" provision. #OBBBA #taxes #taxprofessionals
www.federalregister.gov/public-inspe...
www.federalregister.gov/public-inspe...
The #IRS has released a draft of new Schedule 1-A, which will be used to report the new OBBBA deductions (like no tax on tips, overtime, etc.). #taxes #taxprofessionals
www.irs.gov/pub/irs-dft/...
www.irs.gov/pub/irs-dft/...
www.irs.gov
September 15, 2025 at 8:47 PM
The #IRS has released a draft of new Schedule 1-A, which will be used to report the new OBBBA deductions (like no tax on tips, overtime, etc.). #taxes #taxprofessionals
www.irs.gov/pub/irs-dft/...
www.irs.gov/pub/irs-dft/...
Saw this beauty yesterday! #Stonehenge
September 5, 2025 at 9:33 AM
Saw this beauty yesterday! #Stonehenge
Good news! The #IRS has released Rev. Proc. 2025-28, which adds new accounting method changes and guidance on how to make certain elections related to the new Section 174A R&D expense rules. #taxes #taxprofessionals
www.irs.gov/pub/irs-drop...
www.irs.gov/pub/irs-drop...
www.irs.gov
August 29, 2025 at 12:33 PM
Good news! The #IRS has released Rev. Proc. 2025-28, which adds new accounting method changes and guidance on how to make certain elections related to the new Section 174A R&D expense rules. #taxes #taxprofessionals
www.irs.gov/pub/irs-drop...
www.irs.gov/pub/irs-drop...
The #IRS is asking taxpayers to participate in an anonymous survey on tax preparation and filing options. I completed the survey, which gauges how interested you are in using a free online #tax preparation program.
You can access it via the following link: www.irs.gov/newsroom/irs...
You can access it via the following link: www.irs.gov/newsroom/irs...
IRS asks for public input on free tax filing options to inform congressional report | Internal Revenue Service
IR-2025-85, Aug. 21, 2025 — The IRS invites the public to participate in an anonymous feedback survey on tax preparation and filing options, which will run through Sept. 5, 2025.
www.irs.gov
August 25, 2025 at 1:18 PM
The #IRS is asking taxpayers to participate in an anonymous survey on tax preparation and filing options. I completed the survey, which gauges how interested you are in using a free online #tax preparation program.
You can access it via the following link: www.irs.gov/newsroom/irs...
You can access it via the following link: www.irs.gov/newsroom/irs...
The #IRS has released a draft of Form W-2 for 2026 (remember that the 2025 version is not changing). There are three new codes for Box 12 and a new Box 14b to reflect OBBBA changes.
#taxes #taxprofessionals
www.irs.gov/pub/irs-dft/...
#taxes #taxprofessionals
www.irs.gov/pub/irs-dft/...
www.irs.gov
August 22, 2025 at 1:03 PM
The #IRS has released a draft of Form W-2 for 2026 (remember that the 2025 version is not changing). There are three new codes for Box 12 and a new Box 14b to reflect OBBBA changes.
#taxes #taxprofessionals
www.irs.gov/pub/irs-dft/...
#taxes #taxprofessionals
www.irs.gov/pub/irs-dft/...