Tax season

Abolishing the IRS; crypto as foreign asset; how to lead a firm; and other highlights from our favorite tax bloggers.

The Internal Revenue Service is in the process of revising dozens of tax forms and developing tax regulations to implement the Inflation Reduction Act, according to a new report.

This year should be a better experience for taxpayers, with the IRS receiving additional funding, adding 5,000 customer service representatives, and reducing a large backlog of tax returns.

Referrals remain a key way to find clients, particularly as more and more practitioners are retiring.

The Internal Revenue Service has scheduled the official date for the opening of filing season.

You don't have to look hard for examples of where the IRS is enforcing the law more effectively.

The AICPA president and CEO also touched on the evolving CPA licensing model and recruiting difficulties in a wide-ranging speech.