Organization Root Tag

Centralized Authorization File processing remains one of the most significant challenges in tax administration — but Business CAF isn't the solution yet.

A group of bipartisan bills moved through the House this week that would make changes in IRS administration, customer service, taxpayer privacy, tax return processing, as well as disaster relief and tax breaks.

New GASB standards; tax cheats; along for the rideshare; and other highlights from our favorite tax bloggers.

The deal, expected to close later this year, will expand Grant Thornton's presence in the Asia Pacific region.

The legislation would enable taxpayers to use a secure IRS website to download a tax form automatically populated with information the IRS already collects.

Chief executives have been seeing substantial pay gains over the past year, especially at the largest companies, according to a new analysis.

The House passed bipartisan legislation to strengthen the Internal Revenue Service's Whistleblower Awards Program and provide faster payouts to tipsters.

The IRS announced a streamlined way for Employee Retention Credit claimants to extend the two-year deadline to file a refund suit after a claim disallowance.

The PCAOB found that audit committee chairs are increasingly turning to their auditors to understand AI's impacts on a company's financial reporting and controls.

The Financial Accounting Standards Board added a project to its technical agenda to allow insurance companies to use the "portfolio layer method" when doing hedge accounting on their financial liabilities.

The AICPA and CIMA announced its new "AI Skills Accelerator," an intensive multicourse program that provides a wide breadth of materials to build skills with AI and better understand the mindset needed to do so successfully.

The Internal Revenue Service is offering taxpayers a new option to request more time to review a disallowance of an Employee Retention Credit claim.

The House Appropriations Committee approved further budget cuts for the IRS, expanding the use of AI and data analytics to handle enforcement.

A judge questioned whether the president's lawsuit against the IRS and Treasury can proceed with Trump effectively in control of both sides of the litigation.

Big Four firm KPMG is eliminating approximately 100 partners in its U.S. audit and assurance practice, after not enough of them accepted an early retirement program.

The Taxpayer Advocacy Panel issued its annual report calling for improvements and greater clarity in notices, forms and publications after a year of turbulence.

CohnReznick opens seventh California office and adds international tax partner; Aprio appoints real estate industry leader; and more news from across the profession.

The Justice Department's order delivers meaningful tax relief to the medical cannabis industry and signals a serious federal effort to align with state laws.

The blue-chip auditing firm of Deloitte is being sued after signing off on the fund's financial statements before its collapse in 2025.

Charles Schwab is becoming the latest brokerage to rein in a booming but potentially risky part of its business.