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The IRS proposed new rules on non-fungible tokens this week, and accounting professionals in the space see the agency starting to get serious about these assets.

Final salute; Patriot game; books by their covers; and other highlights of recent tax cases.

Does AI pose a menacing threat by replacing talented people with opaque processes and questionable reliability?

The service's Criminal Investigation unit investigated 975 tax and money laundering cases related to COVID-19 with fraud totaling $3.2 billion.

The Financial Accounting Standards Board released its first ever proposed cryptocurrency standard.

Overall new client additions — and departures — continue to rise, thanks to M&A.

It's vital to take a personalized approach to each business to understand their circumstances, help determine whether they're eligible for Disaster ERCs, and accurately calculate potential credits.

"Our budget request provides steady-state operational funding," Yellen said. "It will complement the one-time, long-term investment in the IRS."

The Minnesota Society of CPAs' recent legislative effort highlights the need to develop a wide range of solutions to the profession's staffing issues.

The Internal Revenue Service updated its frequently asked questions about the information return for reporting transactions involving payment cards and third-party networks.