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The statute's start; chat's all, folks; costs of fraud; and other highlights from our favorite tax bloggers.

A new report reminds auditors of the need to critically assess their own firm's capabilities and get a better understanding of the company they're auditing.

The Treasury Department, based on fresh tax revenue data, is set to release an updated estimate of the "X date" when the U.S. can no longer meet its obligations.

The Treasury Inspector General for Tax Administration said $1.2 million in IT products bought by the IRS were not properly approved.

Applications to join IRSAC next January will be accepted through May 31.

Many advisors have clients who took out the forgivable loans. Some wealth management firms did the same. Three years after the government doled out more than $800 billion in mostly-free cash, here's what's happening.

The service has slightly revised its 2014 guidance on the treatment of virtual currency to reflect the fact that some countries now accept Bitcoin as legal tender.

MindBridge's statistical, machine learning and rules-based analytics technology will be incorporated into the Big Four firm's audit platform, Clara.

House GOP leaders also called for the Justice Department to investigate allegations by an IRS whistleblower involving Hunter Biden.

The institute is asking for more guidance on how to help taxpayers compute their losses on digital assets such as cryptocurrency.

Finance professionals felt a little more upbeat about the world economy in the first quarter of the year, according to a recent survey.

The new commissioner is not ready to say yet what a report will recommend regarding a free system, but he promised it would be released in mid-May.

The board issued a staff report warning of high rates of deficiencies at special purpose acquisition companies.

The Deloitte Foundation has provided a grant to Urban Assembly to expand access to financial accounting education for high school students.

Google's new AI tool answered some questions about whether it makes more sense to become a CPA or attorney, or even take the exams.

In this Vendor Spotlight, WK's Jason Marx discusses the company's recent initiatives and future plans.

The IRS pushed back filing and payment deadlines.

The Big Four firm announced layoffs of 5% of its staff only days after calling off plans to spin off its consulting practice.

The long reach of Uncle Sam; send it back; new blog on the block; and other highlights from our favorite tax bloggers.

Recently released guidance can help with establishing effective internal controls over such reporting.