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The IRS, tax preparers and taxpayers all scrambled to keep up with a rapidly changing situation this year.

The advisory committee’s annual report to Congress highlights the dangers of cutting the service’s budget.

Each generation leaves its mark on the way things are done, and accounting is no different.

The former president and the House Oversight Committee failed to agree on the release of his financial documents after several rounds of negotiations.

Facing an indictment on tax charges in the U.S., McAfee had been in Spanish custody since October.

The group proposed $40 billion in Internal Revenue Service funding to yield $103 billion.

Wipfli’s latest merger is bringing the Midwest-based firm to California, but since the pandemic, it has been able to recruit talent around the world.

The Institute of Internal Auditors and AuditBoard added to their Elevate Internal Audit Scholarship Program by providing merit-based scholarships for those studying for Certified Internal Auditor status.

Sustainability reporting standards, as well as assurance services to verify that reporting, vary widely across jurisdictions and individual practitioners and require better standardization.

Companies and their advisors first need to determine who has the authority to grant such tax benefits.