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Latest News
FASB Seeks Comment on Financial KPIs
N.Y. Congressman Requests Trump’s Support For Tax Cap Elimination
AICPA News – Nov. 2024
Chicago Aldermen Give Mayor Brandon Johnson’s $300M Property Tax Plan the Boot
AICPA News – Nov. 1, 2022
AICPA News is a round-up of recent announcements from the American Institute of CPAs (AICPA).
Douglas O’Donnell Named Acting IRS Chief
An IRS lifer, Douglas O’Donnell most recently was deputy commissioner for services and enforcement.
IRS Gets Jumpstart on Hiring for Next Tax-Filing Season
The IRS has hired 4,000 new customer service reps to answer phones and provide other services, with more on the way.
The Tax Blotter – Oct. 27, 2022
The tax blotter is a roundup of recent tax briefs.
IRS Announces Inflation Adjustments, Tax Brackets for 2023
The tax year 2023 adjustments released by the IRS generally apply to tax returns filed in 2024.
How IRS Changes Impact the Tax and Accounting Profession
The IRS is about to expand by hiring 87,000 more agents via the newly signed into law Inflation Reduction Act.
IRS Sending Letters to 9 Million Americans Still Eligible for Stimulus Payments, EITC, and Child Tax Credits
The IRS is sending letters to more than 9 million individuals and families who appear to qualify for a variety of key tax benefits but did not claim them by filing a ...
Hurricane Ian and Taxes: How CPAs and Tax Pros Can Help Their Clients
With the IRS providing tax relief for victims of Hurricane Ian, CPAs and other advisors are likely to get hit with questions. Here’s everything you need to know to help your impacted clients get the financial relief they need.