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The agency had scaled back audits of all taxpayers between 2010 and 2019, with the total audit rate falling to 0.25% from 0.9%.

Federal stimulus payments may have helped many taxpayers make it through the first year of COVID, but they also were a huge source of errors on tax returns.

Practitioners are mostly advising clients to 'wait and see' what happens with tax legislation.

The service is largely blaming third-party promoters, but it's putting some of the burden of fixing the problem on tax preparers.

Let the 80/20 Principle energize your firm's growth by strategically culling your client list.

The IRS did not meet a requirement under the Taxpayer First Act to create an online system for processing business transcript requests by January 2023, according to a new report.

The Big Four firm gave a clean audit opinion to Silicon Valley Bank's parent company and Signature Bank only weeks before they failed.

Investors and analysts had complained that the existing disclosures don't offer enough information.

A recent survey has found that while a solid majority of small and midsized businesses want to improve their spend management, few CPA firms offer services to help them.

While the court's ruling in Bittner v. U.S. is considered taxpayer-favorable, there are issues to consider as you dig into the findings.