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The IRS’s new anti-fraud filters are unnecessarily flagging millions of tax returns and delaying legitimate tax refunds for weeks or months.

Bookkeepers using tax prep as a loss leader, artificial intelligence everywhere, and eight other developments in technology this past month and how they’ll impact your clients and your firm.

Top posts of last year; decades of breaks; parenting credits; and other highlights from our favorite tax bloggers.

The Internal Revenue Service’s announcement last month delaying a requirement for reporting partners’ share of partnership capital offers some extra time to busy tax practitioners, but the issue still isn’t going away and may lead to some other problems.

The Financial Accounting Foundation’s board of trustees has named Joel Black, partner in charge of the audit practice at Top 100 Firm Mauldin & Jenkins, the next chair of the Governmental Accounting Standards Board.

France and the U.S. will seek a compromise on the taxation of digital services over the next two weeks in an effort to avoid an escalation in the transatlantic trade dispute.

The annual report looks back at 2019, while also detailing the agency's plans for the future.

Filing will begin on Monday, Jan. 27, 2020.

BDO adds Biegel Waller; Brown Edwards expands in Virginia; Prager Metis combines with Shine & Company; Hoffman Eells merges with Abbott, Frenyea & Russell; and Mariner Wealth Advisors acquires the tax practices of David G. Miller & Associates and G.M. Bremer & Associates.

The American Institute of CPAs revealed the Q1 and Q2 target release dates for the 2020 CPA Exam on Monday.

Financial institutions are getting ready to begin complying this year with the Financial Accounting Standards Board’s new credit losses standard, which means they will need to start making disclosures about their loan portfolios.

This year, products impacted will include QuickBooks Pro 2017, QuickBooks Premier 2017, QuickBooks Desktop Accountant 2017 and QuickBooks Enterprise Solutions v. 17.

The world’s second-richest person said he wants his fellow billionaires to pay much higher taxes.

H&R Block’s virtual tax preparation service, Tax Pro Go, is now available for $99 exclusively at Walmart stores around the United States.

All eyes will be on the large SEC registrants in January as they become the first financial institutions to adopt the current expected credit loss model, or CECL.

Candidates and credits; best of Twitter; smoothing out next season; and other highlights from our favorite tax bloggers.

WithumSmith+Brown combined with KSJG CPA LLP; Wipfli LLP added Stratagem; and McHale, Caruso, Scullion & Knox joined CliftonLarsonAllen LLP.

The tight labor market prompted wage increases to accelerate at the end of the year.

The reporting requirements will be in effect for government entities beginning Dec. 15 for all reporting periods subsequent to that date.

Affordable Care Act compliance requirements remain for 2019 tax returns.