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The Internal Revenue Service Office of Chief Counsel has announced a time-limited settlement offer to certain taxpayers with pending docketed Tax Court cases involving syndicated conservation easement transactions.

The survey also found that more than a third of taxpayers (37%) do not have the resources to pay 2019 taxes owed despite the deadline being extended to July 15th.

A majority of taxpayers (61%) are deeply concerned that the financial impacts of COVID-19 may force them into tax debt, adding to the $131 billion already owed to the IRS by 14 million Americans.

Technology and evolving standards are transforming the way audits are being conducted. The AICPA has been a leader in this area, particularly in its work to define and develop the audit of the future through projects such ...

To alleviate financial stress resulting from the COVID-19 pandemic, the CARES Act suspended the rules for RMDs in 2020, including accounts of non-spouse beneficiaries. Therefore, if you had not arranged to take an RMD this year, you can just let the ...

There are many advantages to leveraging the cloud to consolidate your document storage. These include increased document accessibility, improved time management, and enhanced data security, not to mention a ...

The $3 trillion Health and Economic Recovery Omnibus Emergency Solutions Act (“HEROES Act”), already passed by the House, would again distribute $1,200 per person, via paper checks, direct deposit deposit or debit cards.

While one-quarter of workers (25%) reported their employer or manager has encouraged them to take time off since the pandemic began, 66% said there has been no communication about using vacation days.