The Wednesday Lowdown ⬇️

If you're new around here, every day I share the 4-5 best accounting insights I saw in the past 24 hours.

I scroll. so you don't have to.

💎 WTF of the Day

IRS wants to make it easier to snitch on tax cheats

The IRS Whistleblower Office just dropped its first multiyear plan to speed up how it handles tips. The goal? Make it easier for insiders to report tax fraud and get paid faster. The plan includes a new claims portal, more review locations, and better communication with whistleblowers.

Since 2007, whistleblowers have helped the IRS collect over $7.4 billion, earning more than $1.3 billion in rewards. But the process has been slow. This overhaul aims to fix that and encourage more people to come forward.

Source: IRS

💎 What’s poppin in accounting

Atkins sworn in to chair SEC

Paul Atkins just took over as SEC chair. He’s not new to the game, he was a commissioner back in the George W Bush era. And unlike his predecessor Gary Gensler, who cracked down on crypto and pushed climate rules, Atkins is coming in with a very different vibe.

He wants less regulation, more room for digital assets to grow, and to keep politics out of the SEC’s business. Translation? Wall Street and crypto bros are probably celebrating right now.

Source: NBC News

 📊 Weekly Trend Chart

Chipotle is finally going to Mexico

Chipotle is heading to the place that inspired its whole menu. The fast casual burrito chain just announced it’s opening its first restaurant in Mexico in early 2026, teaming up with Latin America’s biggest restaurant operator Alsea.

It’s a risky move. Taco Bell already tried entering Mexico twice and failed. But Chipotle is betting that its focus on fresh ingredients and build your own bowls will stand out, even in a country where the taco game is already strong.

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