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Congress is asking questions about the high salaries paid to college football coaches at some top schools that receive tax exemptions from the Internal Revenue Service.

Accountants need to think outside the box and dig deeper into their workflow to ease pressure during busy season.

The Internal Revenue Service is pointing to some of the successes with pro bono clinics that represented nearly 20,000 taxpayers in 2020 who faced a tax dispute with the agency, despite the pandemic.

Here’s how to save clients money while staying off the IRS ‘Dirty Dozen’ list.

The agency is halting automated collection notices, balance due notices and unfiled tax return notices, after coming under pressure from lawmakers and tax professionals to first catch up on its backlog.

The Internal Revenue Service issued new guidance for taxpayers and tax practitioners submitting claims for refunds involving the research credit.

Deloitte & Touche chair and CEO Lara Abrash has been watching the Big Four firm’s audit practice changing over the past two years.

Under a commission proposal, funds’ financial statements would need to be audited at least annually.

Todd Shapiro, longtime president and CEO of the ICPAS, said Wednesday he intends to retire in February 2023.

These will offer tremendous tax-saving opportunities in the year ahead, but many people don’t take full advantage of them.