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The service released information on two energy-related tax breaks under the Inflation Reduction Act.

The American Institute of CPAs expressed strong support for bipartisan legislation that would establish the accounting profession as a STEM career pathway.

With droughts impacting almost all 50 states, the IRS is giving more relief.

The number of companies that have restated their financial results or disclosed accounting problems has increased significantly in recent years.

The Public Company Accounting Oversight Board sanctioned a Deloitte member firm in South America for violating quality control standards.

The firm said its risk controls were inadequate and its board didn't challenge leadership enough, following a months-long independent inquiry into malpractice.

Property-tax map; zero due meaning; partners' pay differences; and other highlights from our favorite tax bloggers.

Taxpayers who receive CP2000 notices can now get help from bots for basic questions, rather than having to wait for a rep.

From more agents to the deployment of AI, the service is directing resources where the money is.

The board levied a $2 million penalty against the Chicago-based Top 10 Firm for violating its auditing rules and standards, and sanctioned two of its audit partners.

A recent report said the service needs to improve its reviews of suspicious cyber activity and strengthen separation of duties.

As inflation continues to rise, the service is increasing some, but not all, of the special per diem rates for expenses while traveling.

Other Big Four firms are also introducing cuts in the U.K. after a period of over-hiring during the pandemic.

The IRS says taxpayers in Maine and Massachusetts who were hit by the hurricane now have until Feb. 15 to file and pay some taxes.

The program gives student members access to real-world career stories, expert advice, and information from accounting professionals on a range of subjects.

GTT Communications self-reported that it has difficulty reconciling data from two different systems, and overreported its income as a result.

The board released an annual update of its ethics code to reflect the latest changes in auditing and quality management standards.

The service is developing a contingency plan that may involve cutbacks if Congress can't reach a deal.

LBMC and Wilkin & Guttenplan both announce next managing partners; CohnReznick names cannabis industry practice leader; and more news from around the profession.

The proposed regulations define a digital asset as any digital representation of value that is recorded on a cryptographically secure distributed ledger or any similar technology.