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The International Accounting Standards Board is changing the underpinnings of International Financial Reporting Standards.

Some of the tax returns selected by Internal Revenue Service examiners for extra scrutiny didn’t have millions of dollars in refunds held last year as they were required to be, according to a new report, and in other cases the notifications weren’t sent to taxpayers.

An accounting manager who allegedly stole more than $1.5 million from her employer has admitted to wire fraud.

Although you might view yourself as a spreadsheet expert, there's always room for improvement with functions like IF and VLOOKUP.

Simplicity of tax penalties; refund request after five years; amnesty national; and other highlights from our favorite tax bloggers.

Late receipt of wage reporting documents is reducing the capabilities of a new system for deterring tax cheats.

The Internal Revenue Service may be changing Schedule UTP, the Uncertain Tax Position Statement, which corporate taxpayers file with their Form 1120 tax returns, because it doesn’t contain enough information to be useful in compliance efforts, according to a new report.

CPAs can provide attest services to make sure businesses are taking steps to mitigate tech risks.

An appeals panel sided with an auditor who wasn't allowed extra help at his deposition.

A Supreme Court ruling frees taxpayers from the worry of ‘felonizing’ their return, experts say.

The IRS has relief for those affected by the storm in the U.S. Virgin Islands and Puerto Rico.

The service’s annual list of the worst tax scams, frauds and general bad behavior.

Ruben Cardona is one of the best accountants I know. One day Ruben came up with his A.U.D.I.T acronym for the five steps of the audit process.

The leaders of a congressional subcommittee overseeing the Internal Revenue Service released draft legislation to overhaul the IRS for the first time since 1998.

The decline in the number of IRS criminal investigators has led to a drop in cases sent to the Justice Department.

The new authentication process that was installed after a big data breach still isn’t protecting taxpayer info.

The $1.3 trillion omnibus appropriations bill passed by Congress last week includes some modifications to the Internal Revenue Service’s centralized audit regime for auditing large partnerships.

Clients really want to do more business with you. Don’t make it difficult for them.

The Internal Revenue Service warns virtual currency users they need to disclose gains on their tax returns.

The Senate's recent passage of legislation exempting smaller financial institutions from some requirements could help clients.