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The IRS introduced a new web page where taxpayers can confidentially report suspected tax fraud schemes, scams, evasion or other tax-related illegal activities.
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Lawmakers in Congress have their eyes on several pieces of tax-related legislation that may or may not get passed this year, though the upcoming November midterm election is bound to affect any possibility of the bills advancing.
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The IRS issued Recovery Rebate Credits for the pandemic to nearly 301,000 ineligible taxpayers, many of whom were either immigrants or received extra payments.
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A look inside the 20 best places to start a career in accounting.
The latest data from the Internal Revenue Service on the current tax season shows the size of refunds significantly outpacing last year.
With its Top 100 Firms ranking due out next week, Accounting Today announced its schedule for the rest of its 2026 rankings and listings.
A number of different factors — technological, conceptual, organizational — have been stymieing efforts to successfully implement artificial intelligence.
Even as auditors reported their lowest overall haul of new clients in almost four years, BDO USA topped the charts with a strong number.
Plus, TaxRock announces 2.0 edition; MyCPE One launches comprehensive learning and development services; and other accounting tech news and updates.
Ascend names first-ever COO and REDW first-ever CFO; Prager Metis promotes four to principal; and more news from across the profession.
If you have business clients who are considering changing their LLCs or C corporations into S corporations, now is a great time to discuss the pitfalls.
Centri promotes 24; AI Native Accounting Foundation launches; and more news from across the profession.
Plus, new Emburse tool uses AI to prevent errors before they start; Bill touts new agents, enhancements to existing ones.
Richey May acquires Wagner Kaplan; Bowers adds Sciarabba Walker; Capstone adds Peltier, Gustafson & Miller; Aldrich Solutions acquires Summit Security Group; Province adds StoneTurn; and Ascend platform expands in Wyoming.
The Institute asked for guidance from the IRS and the Treasury on the Trump Accounts for newborns as well other provisions of the One Big Beautiful Bill Act.
Proposed regulations will affect the determination of taxable income or loss and foreign currency gain or loss with respect to a qualified business unit.
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