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A former IRS employee pleaded guilty to tax evasion after the IRS accused him of filing false tax returns and providing fabricated records in an effort to obstruct a tax audit.

The Internal Revenue Service updated its frequently asked questions page with new and updated information about the exclusion provided under the American Rescue Plan Act of 2021 of up to $10,200 in unemployment income for 2020.

Anders CPAs + Advisors acquires Summit CPA Group; and EGP merges in Henry & Kell.

A CPA firm, like any business, is subject to legal risks for the simple fact that it is a business that employs people, maintains vendor relationships, and owns or leases real estate, among other things.

KPMG International is moving on more environmental, social and governance goals one year into the initiative's launch.

The Great Resignation is forcing accounting firms to rethink their future.

The Internal Revenue Service released a revenue ruling that updates the rules for the tax return disclosure restrictions for government employees in light of the Taxpayer First Act.

The Internal Revenue Service needs to do a better job of administering the partial payment installment agreements it offers to taxpayers with delinquent tax debts as many of them end up defaulting, according to a new report.

Build Back Better seems less and less likely, but federal taxes are still on execs' minds, according to a recent survey.

The cloud accounting software developer announced new collaborations with the Association of Latino Professionals For America, the United States Hispanic Chamber of Commerce and Negozee to meet the rising number of Latino-owned businesses across the country.