Now that tax season is over, many CPA firms can take a breath and give their staff a well-deserved break. But this time of ...

Our panel posits that artificial intelligence isn’t the only technology trend making waves in accounting firms and finance ...

Leading forensic accountants share their insights on the schemes most likely to affect CPAs and their clients.

Artificial intelligence technology can be misused for fraud, but it is also a tool accountants can use to detect fraud. Find ...

IRS Appeals abused its discretion by closing a taxpayer’s Collection Due Process (CDP) hearing two days after inviting him to further discuss collection alternatives, the Tax Court held.

A notice of deficiency’s petition filing deadline controls despite, in an ‘obvious mistake,’ being more than a year after the notice’s mailing date.

The Tax Court granted the IRS’s motion for partial summary judgment, upholding the Service’s imposition of over $8 million in excise tax on a taxpayer’s excess contributions to an individual ...

The Service said it would send compliance letters to high-income taxpayers in 125,000 cases where third-party information indicated federal tax returns had not been filed since 2017. The IRS published ...

The IRS on Tuesday provided a comprehensive list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13 apply. The list includes 21 changes described as ...

A new PCAOB report highlights how audit quality can be improved by root cause analysis — an approach the federal board eventually could require and one addressed in new AICPA quality management system ...

Unmarried, cohabiting couples experience the same joys and challenges as married couples but without marriage’s legal entanglement. The lack of legal standing, however, means estate planning requires ...

Since 2022, several states and a handful of local jurisdictions have enacted pay equity laws, creating a patchwork of laws with differing requirements and prohibitions. The growing trend of leveraging ...