By now the word has, hopefully, gotten out to clients:
But in terms of broad process, the season may be running a little ahead of last year, with more returns filed and processed, and more refunds issued, than at the same time in 2022. What's more, the number of professionally prepared returns is up as well.
And in case you're wondering why your clients haven't shown up yet, you might want to make sure you're not in one of the worst cities for tax procrastination ... .
Speedy sentencing; WWTF; no longer Confident; and other highlights of recent tax cases.
The Internal Revenue Service and the Treasury Department released final regulations on the transfer of clean energy manufacturing, investment and production tax credits, with specific rules for partnerships and S corporations.
Sens. Cassidy and Warren teamed up to introduce legislation aimed at making math error notices from the IRS easier to understand.
A recent experiment tested different generative AI models against each other on the CPA Exam and found they each have their own strengths and weaknesses.
Firms must transform their business models to afford the cost of multilayered retention strategies, a new report by the Pennsylvania Institute of CPAs says.
The IRS has long offered alternative dispute resolution, but says use has declined in recent years, and it hopes to make it more attractive and accessible.
