The AICPA board issued an exposure draft of a Statement on Auditing Standard (SAS), The Auditor’s Responsibilities Relating ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. When it comes to individual retirement accounts (IRAs), the opportunities for ...

The Internal Revenue Service's Electronic Tax Administration Advisory Committee delivered its annual recommendations.

The National Taxpayer Advocate, Erin Collins, released her fiscal year 2026 Objectives Report to Congress. While the ...

GENIUS Act passed by the Senate in June 2025 and headed to the House of Representatives provides a rare opportunity to engage ...

The board’s decision to ignore the $10 million transfer, experts say, could jeopardize the tax-exempt status of the ...

Significant reductions in the IRS workforce appear to be increasing the number of 'no change' audit closures. The shift could increase the overall tax gap.

The IRS can be a sinister foe. The federal government's tax collection service has plenty of tools at its disposal when seeking to impose tax obligations on American citizens. There are a number of ...

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology as it carries out widespread layoffs. A report, released last week by the Treasury Inspector General ...

A Yale Budget Lab study found that if the IRS staff cuts endure for the next 10 years, tax revenue will fall at least $160 billion over the next decade. Other reports estimate the lost revenue at ...

Luckily, a little bit of extra precaution can go a long way in preventing an IRS letter. Below, Weisberg shared the top 4 mistakes that could trigger an IRS audit and how to avoid them. Missing ...

Secretary of Defense Pete Hegseth on Monday accused the Biden administration of orchestrating a last-minute audit of him and his wife by the IRS before last month’s transition of power.