The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be ...
A new practice aid covers the impact of organizations’ use of artificial intelligence in financial reporting and the impact ...
Feedback is being accepted through Dec. 22 on a principles-based framework to promote consistency, quality, and transparency ...
Treasury and the IRS issued temporary regulations (T.D. 10056) and proposed regulations (CC-00226466-26) Tuesday to automatically enroll eligible children in Trump accounts after developing a ...
A first-of-its-kind U.S. Government Accountability Office (GAO) report estimates annual federal tax fraud losses of between $116 billion and $304 billion and says the IRS needs a coordinated strategy ...
After 15 years as IRS2Go, the IRS’s taxpayer app now offers expanded access to account services under a new name. The new version, simply titled “IRS,” allows taxpayers to access selected account ...
Alexandra Demosthenes, CPA/PFS, frequently jokes that she went into accounting because she wanted to deal with numbers and not people. But she’s found that client relationships have been the real draw ...
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