The Latest

The Internal Revenue Service processed more than 80 million stimulus payments on April 10 in a centerpiece of a $2.2 trillion effort to shore up the battered U.S. economy.

Whitley Penn launches strategic consulting services practice; Illinois CPA Society announces 2019 Excel Award winners; and more CPA news.

The typical case of fraud costs $8,300 per month, and the median duration of each fraud case was 14 months.

People who receive Supplemental Security Income will automatically get economic impact payments from the federal government in response to the novel coronavirus pandemic.

In some cases, problems with the IRS payments may be due to tax preparers.

Major changes are required in client services, delivery models, staffing practices and management.

Where grass is not greener; MS KO; brother’s keeper; and other highlights of recent tax cases.

The IRS is suggesting a drop in cost from $33 to $21.

The Securities and Exchange Commission awarded the funds to a tipster who alerted the agency to financial misconduct occurring, partly, overseas.

The Governmental Accounting Standards Board is proposing to delay the effective dates of provisions for all Statements and Implementation Guides by one year.