The recommendations, sent Tuesday in a letter to Treasury and the IRS, include that the IRS expressly allow taxpayers to rely on proposed regulations until they are final. An AICPA tax leader updates ...

Practitioners are working to get clients in line so they can fulfill IRS requirements to prove their clients qualify for ...

This Tax Alert is the second in a series of monthly alerts that I will issue to discuss tax legislation in 2025 and the ...

From Tax Bracket Adjustments to New Audit Priorities, Clear Start Tax Helps Taxpayers Navigate the Year’s Key IRS Changes ...

An annual survey of AICPA members about IRS service showed the majority of respondents are concerned that political ...

The IRS lost 11% of its staff through voluntary separations and terminations in the first three months of 2025, and the largest percentage of those who left were revenue agents who conduct audits, a ...

President Donald Trump proposed gutting funding for the agency tasked with oversight of the IRS by 20% even though its ...

In the past “our philosophy was to go in, audit as much as we could and when our bags were full, come home. As a staff person, I didn’t understand why we did some procedures except that they were in ...

5) IRS audits recover more in unpaid taxes than they spend to conduct. While the average “pay-back” for every dollar spent auditing low-income households is roughly break-even, the payback ...

The tax implications of this reorganization are complicated and have resulted in extensive investigation and additional audit procedures ... any obligation to update publicly or to revise any ...

The US government has begun an audit of its National Vulnerability Database (NVD) to ensure its team can catch up with the ...

2025 (the "Announcements") in relation to the Mongolia tax audit. Unless otherwise specified, capitalised terms used herein shall have the same meanings as those defined in the Announcements.