A first-of-its-kind GAO analysis estimates annual federal tax fraud losses at $116 billion to $304 billion. The report said that the IRS needs a coordinated antifraud strategy. The IRS partially ...

Participants in the Council on AI Risk in Tax, led by the AICPA and former IRS commissioner Danny Werfel, include leaders ...

Drawing from lessons learned in a real-life dissolution, a former CFO shares what CPAs need to know about applying FASB ASC ...

The agenda features projects on negative assurance related to comfort letter engagements, auditor independence, fraud, noncompliance with laws and regulations, and going concern. Also, the SEC is ...

The Senate unanimously approved the Taxpayer Assistance and Service Act, a bipartisan package of 65 tax administration ...

Treasury and the IRS issued proposed and temporary regulations providing for automatic enrollment in Trump accounts after ...

Treasury and the IRS issued proposed regulations (REG-117199-25) Thursday to implement the education freedom tax credit, a new federal tax credit under Sec. 25F for contributions to organizations that ...

A TIGTA report found that IRS delays in resolving identity theft cases cost the government $124.2 million in refund interest ...

Finance departments and firms can use an accountant-developed self-evaluation tool to identify gaps and strengthen ...

After 15 years as IRS2Go, the IRS’s taxpayer app now offers expanded access to account services under a new name. The IRS ...