Under the new system, eligible taxpayers will no longer have to request penalty relief that the IRS says is routinely granted ...

The final regulations target arrangements that the IRS says improperly use charitable remainder annuity trusts and annuities ...

Effective pre-implementation planning is critical for successful adoption of intelligent process automation (IPA). The comprehensive IPA pre-implementation framework outlined in this document provides ...

Certain taxpayers with IRS online accounts can file a Kwong-related refund claim on Form 843 through a new secure application ...

A practitioner-led initiative to spark high school students’ interest in an accounting career is showing promising results.

More than 80% of attendees in a recent ENGAGE session reported they’ve had at least one client compromised by a financial ...

The IRS warned that AI’s risks — including fabricated outputs and data privacy concerns — require practitioners to verify ...

The request follows reports from taxpayers who said they received notices despite not expecting a refund or having already ...

The guidance sets forth conditions for contributions to qualify for the annual gift tax exclusion and for donors to avoid ...

AICPA President and CEO Mark Koziel, CPA, CGMA, reflects on his first 18 months in the role, discussing initiatives such as CPA Trust, the return of the print Journal of Accountancy, and the ...

While an increasing number of large U.S. companies turned to audit firms for assurance of sustainability data in 2024, a gap ...

As the United States celebrates its semiquincentennial, explore the history of the accountancy profession’s essential role in ...