The IRS and Treasury proposed regulations implementing Sec. 36B premium tax credit changes enacted in H.R. 1, including new ...
National Taxpayer Advocate Erin Collins urged the IRS to halt denials of claims tied to ongoing Kwong litigation, arguing ...
Taxpayers in parts of Alabama and Florida that sustained damage from Hurricane Isaias have until February to file various ...
The Social Security Administration announced a 3.6% cost-of-living adjustment for 2027 and increased the Social Security wage base to $192,300. The annual update also includes changes to retirement ...
A new practice aid covers the impact of organizations’ use of artificial intelligence in financial reporting and the impact ...
The AICPA asked the IRS to clarify that Form 8050, used to provide direct deposit information for tax refunds, will not be ...
The AICPA is advocating for states to request disaster tax relief from Treasury after Hurricane Isaias made landfall in Florida on Friday and led to flooding and property damage in numerous states ...
Tax professionals are rapidly integrating the benefits of generative artificial intelligence (AI) into their workflow, but a recent Tax Court case, Clinco, T.C. Memo. 2026-16, shows how quickly things ...
What questions should financial advisers expect to hear from clients newly armed with artificial intelligence tools, and how can they answer the call to strengthen their position as essential experts?
Editor’s note: This is the third article in a series. For a series overview and links to previous articles, see the sidebar, “Building a Better Firm.” At James Moore & Co., firm leaders first began ...
CPA firms provide invaluable advice to business clients but often struggle to run their own businesses effectively, particularly in the areas of pricing, billing and collections. Failure to set ...
The Senate unanimously approved the Taxpayer Assistance and Service (TAS) Act on Wednesday, advancing a bipartisan package of taxpayer-focused reforms that the AICPA called a “significant achievement” ...