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For tax years 2023 and 2024, 45,386 returns claimed about $172 million in tax credits that ITIN holders were not eligible to receive.
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The tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors, pre-school teachers, taxpayers in general, and tax fraud whistleblowers.
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Basis announced the appointment of Kenji Kuramoto, founder of Acuity, which last year merged with 13 other firms to form Sorren, as its managing partner in residence.
March 31
The 26 accounting practices with the highest revenue growth in percentage terms in 2025 from Accounting Today's Top 100 and Regional Leaders report.
Growth strategies at the largest firms in the country this year are revolving around identifying and finding the right clients, and serving them better.
A recent study by the Treasury Inspector General for Tax Administration found that the IRS has spent $15.7 billion of the $26 billion remaining from the 2022 Inflation Reduction Act.
Plus, CohnReznick appoints pair of managing directors; Dean Dorton opens second Cincinnati office; and more news from across the profession.
Plus, Dext launches Dext Assist AI; Acumatica announces Acumatica 2026 R1; and other news and updates from the accounting tech arena.
A recent study calculated which U.S. states put the heaviest tax burden on their residents.
A recent study calculated which U.S. states have the lightest touch when it came to dipping into their residents' pockets.
Plus, EY announces new software development model; SAP touts new integrations, features for Concur; and other accounting tech news and updates.
Weaver names pair of tax partners; RubinBrown appoints assistant managing partner; and more news from across the profession.
Plus, Digits' payroll integrations goes from 1 to 18; Campfire announces Ember Agents; and other news and updates from the accounting tech world.
Aprio appoints first global M&A growth leader; Koltin Consulting names chief corporate development officer; and more news from across the profession.
The Internal Revenue Service has released its annual list of the 12 most dangerous tax scams, including a new long-term capital gains credit scam, bad advice on social media, and more.
March Madness; one ringy-dingy; trouble with tariffs; and other highlights from our favorite tax bloggers.
The Internal Revenue Service canceled contracts as part of the federal effort to reduce overall spending — but the effect it will have on taxpayer services is yet to be seen.
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