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The highest inflation rate in decades is likely to produce major increases on some tax items, according to predictions from Bloomberg Tax.

A recent case shows that the IRS and the Tax Court are going to need a little bit more in the way of documentation.

A survey by the ACCA and IFAC revealed divergent attitudes worldwide.

The commission has accused California-based VMware of running a scheme that used license key delays as its mechanism.

The Center for Audit Quality introduced a new high school curriculum to expose students to accounting careers and grow a more diverse talent pipeline.

The legislation would deter the Internal Revenue Service from using the $80 billion in extra funding from the Inflation Reduction Act to increase audits of taxpayers earning under $400,000 per year.

The Internal Revenue Service is improving its accessibility to blind and visually disabled taxpayers after a settlement with the National Federation of the Blind.

The Internal Revenue Service's backlog is having an impact in many areas, including the handling of noncorporate applications for refund claims on net operating losses.

The commission announced plans to add the new unit to its Division of Corporate Finance's Disclosure Review Program.

Following FEMA's disaster declaration, the IRS is pushing back some deadlines to help local taxypayers.

The pandemic has significantly set back gender parity by more than three decades, highlighting the precarious nature of progress toward gender equality.

The Treasury Secretary outlined some of the Biden administration's unfinished economic business in a speech.

The company said it reached the settlement for the tax years of 2007 through 2016 without any penalties, but did not disclose how much it actually paid to the government.

The president is narrowing the list of candidates to lead the Internal Revenue Service ahead of a massive expansion of tax enforcement.

Plus, Xero rolls out new features; Ramp launches lending partner network; and other updates from the accounting technology world.

The International Accounting Standards Board introduced update proposals for the IFRS for SMEs accounting standard for small and medium-sized entities.

The Big Four firm's leaders have approved a plan to separate EY's audit and consulting businesses around the world.

The Big Four firm reported record revenue worldwide for fiscal year 2022 of $59.3 billion.

The agency issued billions of dollars in tax refunds to companies claiming net operating losses for prior years after passage of the CARES Act, but did little to examine the claims.

The cloud-based accounting software provider has partnered with a sustainability fintech to release a new app that helps small businesses track their carbon footprint.