The IRS announced tax relief for individuals and businesses in 67 Texas counties affected by Hurricane Beryl. These taxpayers now have until Feb. 3, 2025, to file various federal individual and business tax returns and make tax payments. Read More about IRS Postpones Deadlines to Feb. 3 for Hurricane Beryl Victims

Entities seeking access to beneficial ownership information (BOI) will spend over 8.7 million hours filling out paperwork in the first year and over 3.6 million in the second year, the Financial Crimes Enforcement Network (FinCEN) said in an estimate Monday. Read More about FinCEN Estimates Millions of Hours Will be Spent Seeking BOI Access