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The Internal Revenue Service's efforts to leverage artificial intelligence are running into obstacles thanks to the severe cuts in staffing and budgets.
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A majority of accounting firms say they are changing their messaging around pricing as clients increasingly question their cost models in the age of AI efficiencies.
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Approximately 1.4 million taxpayers have received notices that their tax refunds are being delayed because the IRS wants direct deposit information.
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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.
The IRS has been examining only a tiny fraction of tax filings from large partnerships due to staffing shortages and other resource constraints.
Sweeping review; year-end procedures; close the book; and other highlights from our favorite tax bloggers.
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