National Taxpayer Advocate Erin Collins urged the IRS to halt denials of claims tied to ongoing Kwong litigation, arguing ...

The IRS and Treasury proposed regulations implementing Sec. 36B premium tax credit changes enacted in H.R. 1, including new ...

Taxpayers in parts of Alabama and Florida that sustained damage from Hurricane Isaias have until February to file various ...

The Social Security Administration announced a 3.6% cost-of-living adjustment for 2027 and increased the Social Security wage base to $192,300. The annual update also includes changes to retirement ...

A new practice aid covers the impact of organizations’ use of artificial intelligence in financial reporting and the impact ...

The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be ...

Taxpayers in parts of Alabama and Florida that sustained damage from Hurricane Isaias have until February to file various federal tax returns and make tax payments under disaster relief announced ...

What questions should financial advisers expect to hear from clients newly armed with artificial intelligence tools, and how can they answer the call to strengthen their position as essential experts?

The agenda features projects on negative assurance related to comfort letter engagements, auditor independence, fraud, noncompliance with laws and regulations, and going concern. Also, the SEC is ...

Treasury and the IRS proposed regulations for the education freedom tax credit, a new federal credit under Sec. 25F for ...

Feedback is being accepted through Dec. 22 on a principles-based framework to promote consistency, quality, and transparency ...

Tax professionals are rapidly integrating the benefits of generative artificial intelligence (AI) into their workflow, but a recent Tax Court case, Clinco, T.C. Memo. 2026-16, shows how quickly things ...