Tax

The Treasury Department announced a timeline for offering more information on some of the main tax provisions of the Inflation Reduction Act.

A recent study found that using machine learning in tax audits can significantly increase evasion detection as well as delinquent tax collection.

The tax landscape for U.S. multinationals is about to get messier now that the European Union has adopted a 15% minimum tax for big companies, unless Congress takes action.

The accounting firm Mazars Group halted work for Binance and other crypto firms on reports that are meant to demonstrate that the companies hold the necessary reserves.

Gary Harmon was charged after 713 digital tokens, then worth almost $5 million, disappeared from a hardware wallet in an IRS evidence locker as authorities watched helplessly.

The agency plans to return to pre-pandemic levels of service next filing season.

Chances are dimming that Congress will take up a multibillion-dollar package to renew a cluster of business tax breaks and provide a more generous child tax credit before lawmakers leave Washington for the year.

E-file evasion; a.k.a. a CTR scam; fancy cars and a dead mom; and other highlights of recent tax cases.

Recent news of tax solutions leaking data to third parties like Facebook have raised concerns about how accountants can protect client privacy in the age of big data.

And client portals are a central part of their strategy for making it easier to share information back and forth.