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The service is cautioning taxpayers in states like California that offered special tax refunds or payments to wait to file until it's clear whether the money is taxable or not.
February 7
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The $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn't catch it at Americanas SA.
February 7
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The IRS's TACs will be open some weekends over the next four months.
February 7
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The Institute of Internal Auditors is pushing back against part of a proposed new standard on audit confirmations from the Public Company Accounting Oversight Board.
February 6
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The new SITCA would replace previous industry and agency agreements.
February 6
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The board released additional information to clarify earlier guidance on how to account for subscription-based technology for state and local governments.
February 6
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Crowe U.K. replaced the Big Four firm as the auditor of U.K. entities including Adani Energy Holdings after the Indian firm bought them in 2021.
February 6
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More technical demands are being placed on today's tax department.
February 3
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The Biden administration will allow more crossover SUVs to qualify for the newly-revamped electric vehicle tax credit following lobbying by automakers such as General Motors Co. and Stellantis NV.
February 3
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The West Virginia senator said the administration has "cherry picked" which of the new rules for electric vehicle tax breaks it wants to follow.
February 3
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Plus FASB will release a cryptocurrency draft in March, and other news and updates from the accounting technology world.
February 3
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The latest jobs report shattered expectations as the unemployment rate dipped one-tenth of a percentage point to 3.4%, the lowest rate since 1969.
February 3
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The board offered insights on the remediation process that audit firms need to undergo when addressing problems with their quality control.
February 2
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CBIZ MHM, Doeren Mayhew and Cohen & Co. made major combinations.
February 2
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The board's cryptocurrency project has undergone several refinements over the course of several meetings within the past year.
February 2
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The Internal Revenue Service audits Black taxpayers at 2.9 to 4.7 times the rate of non-Black taxpayers, according to a new study.
February 2
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The IRS has compiled a list of mistakes they often see on tax returns.
February 1
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Private sector payrolls grew by 106,000 jobs, even though many companies laid off workers, while annual pay increased 7.3% year-over-year, according to ADP.
February 1
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EITC education; onboarding is key; expats on the rise; and other highlights from our favorite tax bloggers.
January 31
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Jason Girzadas will take the helm, succeeding Joe Ucuzoglu, who is becoming CEO of Deloitte globally, while Lara Abrash will serve as chair of the board.
January 31
