The Internal Revenue Service's Direct File pilot program officially closed Friday, after 140,803 taxpayers used it in 12 states.

Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.

Test your knowledge of the biggest accounting headlines of the week. No. 2 pencil not required!

Speedy sentencing; WWTF; no longer Confident; and other highlights of recent tax cases.

The IRS and the Treasury released final regs on the 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.

An experiment tested different generative AI models against each other on multiple choice questions from CPA Exam test prep material, and found they 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. 

Lindsay Stevenson's transformation team drives innovation for Top 50 Firm BPM