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 ...

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 ...

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 ...