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Frank Bisignano testified on Tax Day during a Senate hearing about this past filing season and how IRS operations were affected by the new tax deductions.

In its 2025 annual report, the PCAOB found that 60% of registered firms did not perform issuer, broker-dealer or substantial-role audits.

IRS automated systems handle things a little differently than human examiners and practitioners should be aware of the differences.

The Internal Revenue Service rarely penalizes taxpayers who have high balances in foreign bank accounts and fail to file the proper forms, according to a new report.

The Senate Finance Committee ranking member introduced two bills cracking down on grantor retained annuity trusts and private placement life insurance.

IT hygiene; final tally; movements in the U.S. dollar; and other highlights from our favorite tax bloggers.

The theme of this year's survey is "Caught in the Middle," exploring how caregiving responsibilities, as well as other responsibilities outside work, affect accounting professionals navigating their careers.

The Internal Revenue Service will need to be ready for a wave of tax return filings from procrastinating taxpayers, as well as requests for extensions.

From spotting anomalies to enhancing accuracy to streamlining client communication, tax preparers are no longer being bogged down by operational inefficiencies.

Fraudsters have been active again this tax season, but the increasing power of artificial intelligence is helping supercharge the danger of tax scams.