Organization Root Tag

The Inflation Reduction Act has highlighted the perpetual tension within the agency between helping taxpayers and auditing them.

There are several key strategic considerations for the in-house practitioner to put their company in a strong position to resolve a tax dispute.

The proposed update aims to improve the accounting and disclosures for investments in tax credit structures.

A new Deloitte poll highlights why accounting firms are looking for new talent, and why accountants are leaving their posts.

There were signs of improvement in terms of audit engagements and quality control systems.

EisnerAmper adds outsourced IT services; Hood & Strong promotes six; and more CPA news.

At this rate, 2022 penalties will eclipse annual penalties levied in 2019, 2020 and 2021.

To expand the affordability of energy-efficient vehicles for U.S. consumers, the law made changes to the tax credit for all-electric cars and hybrid plug-ins.

The service's Appeals office is asking taxpayers and tax pros to weigh in on its final guidelines for use of its video meeting option.

The chair of the Ways & Means Oversight subcommittee sent a letter asking for details from the IRS on how it will enforce tax law with new funding.

The firm made its biggest investment in staff pay in a decade, with half of its 24,000 workers getting a pay rise of 9% or more.

The company is shifting course as global regulators crack down on digital asset services.

Commissioner Rettig is promising not to use the nearly $80 billion his agency will be receiving to increase audits of small businesses or taxpayers who earn less than $400,000.

Lawmakers are urging the IRS to avoid delays and staff shortages ahead of the 2023 tax-filing period, and receiving support from the AICPA.

The board sanctioned the Big Four firm's member firm in South Korea and two of its former auditors for violating quality standards.

The professional services firm said it would no longer consider a 2:1 degree as a minimum requirement for entry-level jobs or internships.

The strategic plan will provide a roadmap for what has been the largest dedicated funding stream provided to the IRS in decades.

The moment Biden signed the bill was effectively the starting gun for a race to write new policies to implement its clean energy tax credits, climate programs and environmental mandates.

Crypto accounting; DOJ still at it; IRS.gov problems; and other highlights from our favorite tax bloggers.

The newly signed Inflation Reduction Act contains a wide range of provisions.