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The IRS has been examining only a tiny fraction of tax filings from large partnerships due to staffing shortages and other resource constraints.

A majority of accounting firms say they are changing their messaging around pricing as clients increasingly question their cost models in the age of AI efficiencies.

Sweeping review; year-end procedures; close the book; and other highlights from our favorite tax bloggers.

Approximately 1.4 million taxpayers have received notices that their tax refunds are being delayed because the IRS wants direct deposit information.

The Internal Revenue Service's efforts to leverage artificial intelligence are running into obstacles thanks to the severe cuts in staffing and budgets.

The Top 100 Firm acquired New Jersey-based Cg Advisory, expanding its platform's presence in the Northeast.

For many firms, a technology that was meant to make things better may instead prove to be yet another tax season headache.

Accounting and IT departments have long been working in silos, which often leads to numerous operational challenges. Accountants taking on the role of tech advisors can bridge this gap.

Residents exiting Massachusetts took a net of $4.2 billion in adjusted gross income with them in 2023, one of the largest totals in the country.

Residents of Montclair, New Jersey, voted in favor of a one-time tax increase to help their cash-strapped public school system address an $18 million deficit.