Today Update

The Generational Mandate for Reparations How Gen Z and Millennials are Reshaping the Movement for Structural Repair in America

As the United States approaches its 250th anniversary in 2026, a significant demographic shift is occurring within the national discourse on racial justice and economic equity. Led by intergenerational organizers…

Stripe and TaxJar Solidify Unified Tax Infrastructure to Streamline Global Compliance for Small and Mid-Sized Businesses

The landscape of digital commerce has undergone a radical transformation over the last decade, shifting from a localized endeavor to a borderless marketplace where small and medium-sized businesses (SMBs) can…

Worldwide Employment by U.S. Multinational Enterprises Decreased 0.4 Percent to 43.9 Million Workers in 2023

Washington D.C. – U.S. multinational enterprises (MNEs) experienced a slight contraction in their global workforce during 2023, with worldwide employment falling by 0.4 percent to 43.9 million workers, according to…

William Reynolds Archer Jr., Architect of Landmark Tax Policy and Champion of Fiscal Responsibility, Dies at 98

The Honorable William Reynolds Archer Jr., a towering figure in American tax policy and a dedicated public servant whose career spanned four decades in both state and federal legislatures, passed…

Federal Student Loan Landscape Reshaped: Trump Administration Reforms Take Effect, Urging Millions on Defunct SAVE Plan to Act

The federal student loan landscape has undergone a significant transformation, with new reforms enacted by the Trump administration now in full effect. This overhaul introduces a reshaped array of repayment…

Drake Software Launches AI-Powered Drake SmartExtract to Revolutionize Tax Document Processing

Drake Software announced Tuesday the beta launch of Drake SmartExtract, a new AI-powered document processing solution for Drake Tax Online that automatically extracts and organizes data from common tax documents,…

What the ROAD to Housing Act can — and can’t — do for affordability

A Landmark Act for a Long-Standing Crisis The "Real Opportunities for Affordable Development to Help Our Nation’s Housing" (ROAD) to Housing Act, as it is officially known, represents a significant…

Indigenous Sovereignty Movements Forge New Political Alliances with Launch of LANDBACK Action Network

The NDN Collective, an Indigenous-led organization dedicated to building Indigenous power, has formally introduced the LANDBACK Action Network (LAN), a strategic political formation designed to unify Indigenous peoples, grassroots organizers,…

The Evolution of Tax Technology Navigating the Risks and Rewards of AI Integration in Global Compliance

The global tax technology landscape is currently undergoing its most significant transformation since the transition from manual ledger entries to enterprise resource planning (ERP) systems. For decades, tax professionals have…

Puerto Rico’s Real Gross Domestic Product Surges 3.0 Percent in 2023, Reversing Previous Year’s Decline

Puerto Rico’s economy experienced a significant rebound in 2023, with its real gross domestic product (GDP) growing by 3.0 percent. This marks a substantial improvement from the 2.1 percent contraction…