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The confusion over pending Employee Retention Credit claims is bad. The situation for disallowed claims is much worse.
February 27
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The IRS issued Recovery Rebate Credits for the pandemic to nearly 301,000 ineligible taxpayers, many of whom were either immigrants or received extra payments.
February 26 -
The Institute asked for guidance from the IRS and the Treasury on the Trump Accounts for newborns as well other provisions of the One Big Beautiful Bill Act.
February 26 -
The IRS introduced a new web page where taxpayers can confidentially report suspected tax fraud schemes, scams, evasion or other tax-related illegal activities.
February 26 -
The Governmental Accounting Standards Board released a proposed Implementation Guide with questions and answers on the requirements related to subsidies.
February 25 -
Proposed regulations will affect the determination of taxable income or loss and foreign currency gain or loss with respect to a qualified business unit.
February 25 -
The latest data from the Internal Revenue Service on the current tax season shows the size of refunds significantly outpacing last year.
February 25 -
In the span of a year, generative AI has moved from a curiosity to a daily conversation in tax and accounting.
February 25
Thomson Reuters Tax, Audit & Accounting Professionals -
Only a few state governments are ready to transition out of the IRS FIRE system and into its new IRIS system next year.
February 25 -
Next year, the IRS will retire its FIRE e-filing system and intro its new IRIS system. Tax practitioners need to make sure their vendors are ready for the changeover.
February 25 -
Cryptocurrency disposals; cosmetic compliance; paper or plastic; and other highlights from our favorite tax bloggers.
February 24
Matters Editorial -
Paid tax preparers can make serious errors on tax returns, according to a report from the Government Accountability Office that recommends better oversight.
February 24 -
A number of different factors — technological, conceptual, organizational — have been stymieing efforts to successfully implement artificial intelligence.
February 24 -
Thomson Reuters is developing its own AI foundation model, trained on TR's own content stores as well as a collection of PhD-level researchers and other academics.
February 24 -
Thomson Reuters previewed its latest CoCounsel AI agent as a fully autonomous assistant that can deliver a work product it described as "human-level."
February 24 -
Even as auditors reported their lowest overall haul of new clients in almost four years, BDO USA topped the charts with a strong number.
February 23 -
The IRS and the Treasury released interim guidance on a special depreciation allowance for qualified production property under the One Big Beautiful Bill Act.
February 23 -
TIGTA found that thousands of the IRS's new hires in 2024 did not receive equipment or performance expectations in a timely manner.
February 23 -
Top 10 Firm BDO USA added 10 new clients at the end of 2025, almost all from its November acquisition of Top 100 Firm Horne.
February 23 -
The American Institute of CPAs is asking the Treasury and the IRS for further guidance on the rules for deducting domestic research and development expenses.
February 20
















