AICPA

Sadness of financial illiteracy; remote partners; benefits of failing; and other highlights from our favorite tax bloggers.

The agency is making progress on its backlog of unprocessed tax returns, as it's asked by the Institute to extend its recent penalty relief through the end of the year.

AICPA and CIMA found that U.S. executives were more pessimistic than ever when it comes to business growth, hiring and the impact of inflation.

The Institute of CPAs is updating its Statements on Standards for Tax Services and wants the IRS to hold off on renaming "virtual currency" as "digital asset" on tax forms.

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 institute and CPA.com are looking for the next great startup — particularly those involved with accounting, tax, finfech, regtech and ESG Solutions — for its 2023 Startup Accelerator program.

The institute wants the Internal Revenue Service to address 'plummeting' service levels on its so-called Practitioner Priority Service and make fixes.

The American Institute of CPAs has sent comments to lawmakers in the House and Senate about the tax proposals in the Biden administration's climate, tax and spending bill.

The proposed changes to the exam structure merit attention, with a shift from the current four exam sections to three "Core" sections.

A 61% majority of ESG assurance services were performed by accounting firms, but there was substantial variation among different countries.