The Senate unanimously approved the Taxpayer Assistance and Service Act, a bipartisan package of 65 tax administration ...

Follow step-by-step how an agentic AI tool prepares 59,157 rows of general ledger data for audit use in about 10 minutes.

Going concern assessments are drawing renewed attention. AICPA standard setters help refresh what you know about this ...

Drawing from lessons learned in a real-life dissolution, a former CFO shares what CPAs need to know about applying FASB ASC ...

Finance departments and firms can use an accountant-developed self-evaluation tool to identify gaps and strengthen ...

Cryptocurrency tokens a taxpayer received as staking rewards were includable in gross income in the year of receipt despite a ...

The AICPA’s small firm advocate shares cybersecurity tips and guidance on how to improve client services without hiring staff ...

Treasury and the IRS issued proposed and temporary regulations providing for automatic enrollment in Trump accounts after ...

A first-of-its-kind GAO analysis estimates annual federal tax fraud losses at $116 billion to $304 billion. The report said that the IRS needs a coordinated antifraud strategy. The IRS partially ...

An audit by the Treasury Inspector General for Tax Administration concluded that the IRS’s chatbot and live chat applications used by the Automated Collection System lacked performance measures, ...

In its annual update, the IRS increased the special per diem rates taxpayers may use to substantiate business travel expenses for the upcoming travel year and updated its list of high-cost localities.

After 15 years as IRS2Go, the IRS’s taxpayer app now offers expanded access to account services under a new name. The new version, simply titled “IRS,” allows taxpayers to access selected account ...