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The Internal Revenue Service backtracked from a plan to use facial recognition software from a third-party company for taxpayer authentication.
February 7
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The unit that checks employee benefit plans for compliance with various requirements scored dramatically lower on its quality reviews in recent years, according to a new report.
February 7
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Senate Finance chair Ron Wyden weighed in on the use of third-party facial recognition software ID.me in a letter to Commissioner Rettig.
February 7
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A selection of TACs will be open on weekends once a month until the end of tax season.
February 6
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The Internal Revenue Service backlog is adding to long delays in processing carryback refunds of net operating losses claimed by companies during the pandemic.
February 4
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Republicans in Congress have written the service questioning the use of ID.me, and introduced a bill that would ban the practice.
February 4
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PricewaterhouseCoopers has expanded its alliance with the cloud-based financial reporting technology company Workiva to handle environmental, social and governance reporting and services.
February 4
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H&R Block is banking on a new service called Spruce to offer tax clients banking options.
February 3
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A group of lawmakers teamed up Thursday to introduce bipartisan legislation that aims to create a workable structure for taxing purchases made with cryptocurrency.
February 3
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Baker Tilly acquired Orchestrate Healthcare; and Mugford & DiBella merged in Daigle, Smith & Chubet.
February 3
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Porte Brown elects next CEO; CohnReznick elevates 21 to partner; and more CPA news.
February 3
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U.S. officials are seeking a judge’s authorization for an immediate government levy to help pay his $1.4 billion tax bill.
February 3
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The additional staff are to help the agency navigate what will likely be one of the most challenging tax filing seasons in years, according to a person familiar with the plans.
February 3
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The Top 10 Firm named partner and executive team member Christopher Tower its first-ever ESG strategy and services leader.
February 2
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Employment fell by a stunning 301,000 jobs in December, according to ADP, which attributed the precipitous decline to the omicron variant.
February 2
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Sasan Goodarzi warned that Americans who invested in speculative assets like Bitcoin or nonfungible token could be dumbfounded at this year’s tax bill.
February 2
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The Top 25 Firm has merged in a firm in the Encino neighborhood of Los Angeles .
February 1
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What to concentrate on; Ready Return rejection; cases dismissed; and other highlights from our favorite tax bloggers.
February 1
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Paychex monthly report shows that despite the Omicron variant, more businesses have been hiring and giving raises to workers.
February 1
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The Top 20 Firm is expanding its presence in New Jersey.
February 1
