The Latest

The page aims to provide the latest about the current tax season, and the agency’s efforts to deal with the backlog of millions of previously filed returns.

Crypto miners and stakers will be exempt from rules requiring digital-asset brokers to turn over information on their clients’ transactions to the IRS.

Learning needs to be continuous, yet a lot of accountants aren’t growing.

The Swiss chemicals maker is investigating allegations by internal whistleblowers that staff manipulated accounts to meet financial targets.

The U.K.’s tax watchdog seized three nonfungible tokens as part of a suspected case of value-added tax fraud worth $1.9 million.

The average refund issued so far this year is $2,201, down about $600 from the typical refund issued last year, according to the IRS.

Partner compensation systems should be about much more than just divvying up the money, says Mark Masson of Axiom Consulting Partners — they should also be about achieving the firm's strategic goals.

Baker Tilly and Deloitte also had good quarters at the end of 2021.

Keep your fingers crossed, but initial reports suggest things are going smoothly so far.

There are a host of current and potential implementations for artificial intelligence — but a lot of its role in the profession is still being figured out.